Lifetime Mortgages – Explaining ERCs

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.