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Equity release may involve a lifetime mortgage or a home reversion plan, which is secured against your property.
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A feature of lifetime mortgages which allows you to repay upto 10%-15% of the initial amount borrowed per annum.
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Our equity release comparison tool is market leading, and finds the most cost effective equity release plan for the amount you need.
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The pros and cons of retirement interest-only mortgages include interest rates that are usually lower but an obligation to make monthly payments.
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Your age will affect the loan amount but not the equity release interest rates, which is dependent on the market and the length of the loan.
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