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Another product that is likely to be in high demand is Barclays lifetime mortgages for UK homeowners in retirement.
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Rates may be lower: This type of mortgage is usually structured as an adjustable-rate home equity loan interest rates 2023, which may result in lower rates than a fixed mortgage.
It's important, however, to use the APR when comparing lifetime mortgages in order to get an accurate picture of how much different plans could cost you.
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