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Any lifetime mortgage calculator money saving expert left, after the loan and interest has been repaid, can be used to pay for or towards any care costs.
The amount you can borrow using one of our Lifetime retirement interest only mortgages leeds is based on your age and the value of your home.
Again, not everybody has savings, and if they do, they might not have enough to fund the repayment of their mortgage.
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All lifetime mortgages are covered by the equity release or Lifetime mortgage Release Council standards which include a no negative equity guarantee.
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