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Lloyds Bank proudly offers competitive rates for their retirement interest-only mortgages, so you'll only have to make very small payments each month.
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For joint life plans, there are no changes to the equity release scheme upon death or move to long term care of the first person.
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A drawdown lifetime mortgage provides you with a cash reserve facility following an initial lump-sum withdrawal.
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Your terms and conditions offer more information about how we assess the need for long-term care and the repayment of the lifetime mortgage.
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