How can I apply?

You must seek the guidance of a financial adviser to confirm that the Property Plan is appropriate to meet your financial needs.

How do I qualify?

The Property Plan is available to people who are 65 or over and can be taken out either by an individual, or by two people acting together who own their main residence. Your home must be of standard construction and in a good state of repair although we may release money to make repairs, too. If you have an outstanding mortgage on your property then this must be repaid at the start of the Property Plan. The Amount Released can be used to pay off this debt.

How much can I ask for?

How much we can give you depends on how old you are and the value of your home. Essentially, the older you are, the more we can give you. If you are in poor health, we may be able to give you more.