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Insurance giant Aviva has written to its equity release customers informing them that they will have to pay higher charges if they want to make changes to their mortgages in the future.  The new charges – which in some cases are more than double previous fees – will apply from mid-August. In a letter sent to all of its equity release customers, Aviva said the higher fees reflect our reasonable costs for administering your lifetime mortgage . The interest rate that planholders pay on their borrowings will remain unchanged.  Lifetime mortgages are taken out by people over the age of 55 who want to release a slice of equity from the value of their home to bolster their finances. Unlike a traditional home loan, borrowers do not pay monthly interest. 

Just groupBuilding societyNationwide building societyCanada lifeNationwide buildingவெறும் குழுகட்டிடம் சமூகம்நாடு முழுவதும் கட்டிடம் சமூகம்கனடா வாழ்க்கைநாடு முழுவதும் கட்டிடம்