You can move home if you have released equity from it. Providing we approve the property you wish to move to, as it must meet our lending criteria, you’ll be able to move the lifetime mortgage plan to your new home, subject to criteria − if you want to move to a property that is cheaper than your existing home you may need to repay some of the lifetime mortgage.
Your equity release adviser will be able to talk you through the options available, and help guide you to make sure you reach any goals you may have.