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Equity release is most commonly taken in one of two ways; lifetime mortgages and home reversion plans. We explore the differences below. In this weeks episode of The Care Cast Graham from My Later Life Planning, delves into the intricacies of equity release.
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How Does Equity Release Work On Your Home? Equity release allows homeowners, particularly those aged fifty or older, Lifetime mortgage. This is the most common type of equity release. Like a traditional mortgage, it's a loan secured against your home, but it Income lifetime mortgages suit people who want to release money from their homes as a regular, tax-free income. They let you take your money as a regular income
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You can read more about this topic at What Can Equity Release Be Used For? In this informative video, we discuss how homeowners can access cash through equity
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Equity release refers to a range of products that let you access the equity (cash) locked up in your home if you are over the age of Equity Release Explained. Equity Release How Does It Work? Is Equity Release a good idea? Steve Paterson of Later Life Money
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