Before you apply, you should consider all of these:
- your current and future financial situation
- the impact of compound interest on the loan
- the repayment of the loan.
We recommend you seek independent legal or financial advice.
You should also:
- check that you meet all the eligibility rules for the Home Equity Access Scheme before you start your application
- consider whether you want someone to deal with us on your behalf about the loan.
We also have tools and information to help you manage your money.