Change of circumstances

You need to tell us when your circumstances change if you receive a loan under the Pension Loans Scheme. For example, you need to tell us if you sell the property you used for security for your loan.

You need to let us know about any changes within 14 days in case this affects your loan payments. If you don't tell us about changes you may be overpaid, and you will probably have to pay the money back.

• If you deliberately do not tell us about changes, you could be charged with fraud.
• You may have to pay a recovery fee if incorrect information is given to us about your employment income.

More information

• Factors affecting payment rates and eligibility
• Pension Loans Scheme section