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It can be beneficial if someone wishes to boost their income, pay off an existing mortgage, or cover care expenses.
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You should make sure that you can afford monthly repayments - either equity release interest payment calculator-only or otherwise, before considering a lifetime mortgage.
If you can arrange for the care to be provided in your home, you may not need to move out or repay your lifetime mortgage.
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Some aviva equity release interest rates-only mortgages require a lump-sum payment at the end of the loan term. After all, that's what mortgages are for.
The Express equity release interest rates today Release Service is provided by Age Partnership Limited, 2200 Century Way, Thorpe Park, Leeds, LS15 8ZB.
In your free initial consulatation, your adviser will check you meet the basic criteria for a lifetime mortgage.
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