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Because these loans are backed by collateral, they may come with lower interest rates and borrowers with poor credit are more likely to qualify.
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There's no separate advice fee when you arrange advice through us. We'll make a commission payment to the adviser upon completion of your loan.
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Should you choose to proceed we can provide comprehensive advice across residential mortgages, retirement mortgages and is equity release cheaper than a mortgage release.
If you are interested in releasing age uk equity release calculator but you do not want to repay your existing mortgage, you will have a decision to make.
Finally, if you have any loved ones who are able to lend you money, you could take this route as a way to pay off your existing mortgage.
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In the past, lenders have been uncomfortable about lending to borrowers into their retirement years. Interest-only monthly payments.
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