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When you take on an equity release mortgage, however, you're agreeing that the lender will be paid back upon the sale of the property.
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Retirement mortgages are currently offered mainly by building societies, for example Halifax (opens in new tab).
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Discover how much money you could access through equity release with our free online equity release calculator.
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Age Partnership Limited is Times Money Mentor's accredited broker”, which means we have assessed them to be impartial and customer-focused.
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