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Cheaper rates - The rates can also be cheaper than the alternative of an age partnership equity release council release lifetime mortgage as you are not rolling up the debt.
Remortgaging to unlock gov.uk equity loan calculator may be a way to get extra cash for home improvements, short-term debt repayment, or assist with your children's education.
Both lifetime mortgages and home reversion lenders will require a valuation placed on the property by a qualified surveyor.
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