We have launched our Capital Select Options.
This product reflects our commitment to the equity release market under our new brand, Canada Life.
Our Capital Select Options offer:
- Capital and interest repayments (up to 10% of the initial advance, ERC free)
- Maximum loan amount of £1 million
- 8 year fixed ERCs (5% for years 1-5, 3% for years 6-8)
- Downsizing Protection, free of charge
- Early Repayment Waiver, free of charge
- Cash reserve facility is available, for an additional 0.20% MER (0.21% AER)