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The 2 types of equity release you can get if you have an existing mortgage is a lifetime mortgage calculator money saving expert mortgage and a home reversion scheme.
With a home reversion mortgage, you need to bear in mind that if the value of your home doubles, so does the share of the mortgage provider.
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Adjustable-rate mortgages usually have lower starting interest rates than fixed-rate loans, but their rates can be higher during the adjustable period.
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