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You may be able to release more money from your house if your home increases in value or you have not already borrowed the full amount available.
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A fixed interest rate will be applied to the loan throughout its term depending on rates at the time you take the plan out and the product chosen.
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Lifetime mortgages don't require any repayments until the end of the loan term - this is when you move into permanent care or pass away.
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Some providers might charge you fees for advice on their equity release products. Check your rates today with Better Mortgage.
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You can check rates online or call lenders to get their current average rates. A monthly payment lifetime mortgage can reduce the value of your estate.
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