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Equity release can help reduce the amount of inheritance tax that your loved ones will pay after you're deceased.
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Affordability checks should be easier because monthly repayments are substantially lower than capital repayment mortgages.
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The more equity you own and the less you owe on your initial mortgage, the better rates and terms you can get.
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Interest-only mortgages allow you to pay off just the interest every month, so there'll be no surprises for your family when repayment is due on the loan.
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