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Interest-only mortgages allow you to pay off just the interest every month, so there'll be no surprises for your family when repayment is due on the loan.
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Hodge sold its can i move home with equity release release business to Reinsurance Group of America in 2021 and doesn't offer new equity release plans.
This means that it couldn't be easier to get your hands on a large sum of money that would be enough to repay the rest of your mortgage.
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equity release mortgages Release Council-approved lenders should not impose early repayment charges if you move your equity release plan to another home.
The total amount, plus aviva equity release interest rates, is due for full repayment only when the last homeowner either dies or enters permanent long-term care.
Why we rate the company: The insurer offers loans of up to £2m, which may make them a good choice if you're lucky enough to own a very valuable property.
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