I own my house but have recently taken equity release. Can I still put the house in my children’s names?
Arthur Weller replies:
In equity release, you basically give the lender a charge over (part of) your house, in exchange for the loan. When you mention putting the house in your children's names, I presume that you mean actually giving them the house, not just making them bare trustees or mere legal owners. If so, I think that you may have a problem in doing so, unless you first have permission from the lender.