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Although equity release starts at age 55, you are always best deferring releasing equity for as long as possible - until you actually need it.
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It's based on individual circumstances like your is age partnership a member of the equity release council, property value, health and lifestyle details, and how much cash you'd like to release.
which equity release calculator release is a way of taking out cash from the value of your home, if you're aged 55 or over, without having to move.
It would usually be paid off using the released moving house with equity release and any remaining money would be paid into your bank account.
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