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The what interest rate for equity release rate you get will depend on the loan-to-value (LTV) of your new mortgage. This is repaid in either a lump sum or in subsequent payments.
However, people often remortgage to release what age can i get equity release as a way of funding home improvements , for example, or to consolidate other debts.
When the property sells, they will have a net £215,000 of money. The best retirement interest-only mortgage rates uk interest only mortgages Halifax can be a very low overall cost.
Pages: 1