Your equity release annual statement is automatically issued every year and gives you details of:
- How much you have borrowed in total
- How much interest has been added to the initial cash advance, and, if applicable, any subsquent drawdowns taken plus the added interest
- If you still have funds available to draw down (details of the amount available is provided in the third paragraph of the statement)
- The amount required to repay your lifetime mortgage at the date of the statement (although you will need to contact us directly to obtain an accurate redemption figure). Click here for further information regarding early repayment.
How to request a statement
Should you require a statement at any point throughout the year, you can request one using this form.
Applying to draw down further cash
If you would like to apply to release additional funds then click here.
Useful links Safe Home Income Plans (SHIP) - a trade body promoting standards within the equity release industry