Your own home

You have the option of using your vested-benefit capital to finance a home of your own. This does not apply to holiday homes or second homes.

In addition to using your vested-benefit capital to buy or build a house or apartment of your own, you can also use it to pay for a corresponding share in a housing association property, pay off an existing mortgage or carry out renovation work of your property. You can withdraw your capital early for this purpose or pledge it.

The following diagram illustrates the different options:

Calculate the capital available after tax following an early withdrawal:

It is important to bear in mind that vested-benefit capital withdrawn early will no longer be available when you retire.