'Aviva charged me £22,000 to cancel Dad's equity release loan even though he's presumed dead' - The Telegraph

Aviva refused to waive the exit charge despite the family's ordeal

Lifetime mortgage lenders impose an early repayment charge (ERC) to cover their losses when a borrower pays back earlier than expected. According to the Equity Release Council, the industrys trade bo… [+2703 chars]

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