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A home reversion plan is the second form of equity release and is the alternative option to a lifetime mortgage.
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Concise Finance offers information about equity release loan products for people under 55 and over 55 years old.
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Interest is added to the lifetime mortgages loan throughout your lifetime, accruing at a fixed or variable rate.
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An accurate quote can only be obtained following an official valuation 3 of your home and a consultation with your equity release or financial advisor.
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Equity release is a type of loan that allows older borrowers to access some of the money tied up in their property.
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