Reasons for Being Rejected or Refused Equity Release

Published / Last Updated on 04/07/2019

There are many reasons why your equity release application may be rejected such as:

Flat roof

Near to Commercial Property e.g. Public House or Launderette

Other hazards e.g. motorway, electricity stations, pylons etc

Non-standard construction

Flood risk

Single skin brick

Ex Local Authority property

Asbestos

Spray foam under roof

Unkept/un-maintained property

Cluttered property inside

You should be mindful of reasons why property may be suitable when applying for equity release but also if you are buying a home anyway, look out for reasons which may detract from your ability later to either sell your home or use equity release.


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