What to do before you apply

There are things you need to think about before applying for the Home Equity Access Scheme.

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:

We also have tools and information to help you manage your money.

Page last updated: 1 January 2022