It is a condition of the loan that you maintain your home in good condition.
From time to time Seniors Money will arrange for the revaluation of a random sample of houses as part of their own audit and at their own cost, to confirm that these sample houses are in good order.
If your home is selected and it is found to be in need of essential repairs you will be requested to carry out essential repairs in order to maintain the property to a reasonable standard. You will have to carry out these repairs within 12 months.
If not completed within this period Seniors Money will assist you in arranging for these repairs to be carried out and add the cost of these repairs to your loan.