Lifetime Mortgages – Explaining ERCs

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Presented by

Jonathan McCaffrey, Malcolm Tyrrell

About this talk

In this short update, Malcolm Tyrrell speaks to Jonathan McCaffrey about Early Repayment Charges (ERCs). Specifically, the session will look at: • Why do we have ERCs? • When is the plan ERC-free? • What are our fixed and variable ERCs? • How do they work? (Financial intermediary use only)

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We are a specialist UK financial services group focusing on attractive segments of the UK retirement income market. The Group is a leading and established provider of retirement income products and services to individual and corporate clients.