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When planning on getting a mortgage later in life, make sure to consider that you are able to repay your equity release vs reverse mortgage comfortably when retired.
This helps to reduce the amount needed to pay back on the equity release interest rates 2023 uk release mortgage from the sale of your home when you pass away.
Equity release is a way to get some of the cash (equity release definition business) out of your property without having to sell up and move.
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