However, there are also some implications to consider. It is likely your home won’t be inherited by your family; instead, it will be sold to repay the loan. Also, you will still have to pass affordability checks, and as these will be based on your retirement income, you may find the amount you borrow to be less than you think.
For more guidance bespoke to your circumstances, give our friendly team a call. We can chat about where you are now, and where you want to be!