Learn how to avoid ERCs with mortgage broker, Deal Direct
Joint borrowers can find out about innovative new home loan products to help them avoid ERCs with mortgage broker, Deal Direct.
The population in the UK is aging, which means the number of older borrowers is increasing. The statistics place a demand on lenders to innovate and launch new products that have flexible repayment options that protect the interests of the homeowners.
more 2 life, for instance, has introduced an option for the surviving spouse to repay an equity release loan within 3 years of the death of their partner, without incurring any ERC’s.
more 2 life also offer:
- downsizing protection - in the event of needed to sell the property and move
- fixed ERCs
- guaranteed inheritance protection of up to 50% of the property
As the range of options available to choose from in the mortgage/equity release market increases, it is vital that you seek qualified advice from independent mortgage broker, Deal Direct.
Our experts are here to fully evaluate your needs and help you find the right home financing options for you, whether that’s first or second charge mortgages, remortgages, including equity release.
As we work with lenders all over the UK, giving you the widest choice and the greatest opportunity to find a mortgage option that fully satisfies your requirements.