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Our equity release calculator gives you an idea of how much you can release from your home, which will be a certain percentage of your home's value.
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Cash-out refinances typically have higher interest rates. Applying for a mortgage during retirement is the same as applying for a mortgage while employed.
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In this article, we look at what retirement interest-only mortgages are, how they work, and which lenders offer them.
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The Equity Release Council, which is the industry trade body, insists that all lifetime mortgages include a '˜no negative equity guarantee'.
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Mortgage lenders typically base loan size on a maximum LTV that they are willing to lend, typically between 75-85% when remortgaging to release equity.
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Award-winning equity release advice services. This sort of equity release plan is like a standard lifetime mortgage.
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