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#1 Test forum » How Does Equity Release Work And What Do You Need To Know? » 2023-05-25 11:12:58

DeniseAhMo
Replies: 1

You can set aside a percentage of what your home is worth, and this will always stay separate from anything you need to pay back.

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#2 Test forum » My Parents Have A 'Lifetime Mortgage' What Happens If My Mother Sells? » 2023-05-25 10:24:42

DeniseAhMo
Replies: 1

You can lose existing equity gained from your payment: If the value of your home declines, this may cancel out any equity you had from your down payment.

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#3 Test forum » Mortgage Calculator With PMI And Taxes » 2023-05-25 10:07:44

DeniseAhMo
Replies: 1

Borrowing with a lifetime mortgage is a long-term decision, so it's important to balance your current financial needs with your future wants.

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#4 Test forum » Create Your Dream Home On Any Budget » 2023-05-25 09:50:07

DeniseAhMo
Replies: 1

You are required to receive independent legal advice from your solicitors, and you will need to sign the formal mortgage offer in their presence.

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#5 Test forum » Guiding You Through Life's Financial Journey » 2023-05-25 09:15:39

DeniseAhMo
Replies: 1

The biggest benefit of a retirement interest-only mortgage is that your family will be left with a larger inheritance.

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#6 Test forum » Joint Equity Release Guide » 2023-05-25 07:49:57

DeniseAhMo
Replies: 0

The difference between each variation of lifetime mortgage largely comes down to how you can access your cash and how the interest is paid off.

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