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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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However, their 150+ network of lenders can offer various ways for homeowners to take advantage of their home equity.
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On the other hand, a homeowner who is refinancing may opt for a loan with a shorter repayment period, like 15 years.
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A Lifetime Mortgage could be an expensive form of borrowing compared to a regular bank loan or borrowing money from family or friends.
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