Equity Release can give an eligible homeowner aged 55 or older access to some of the money tied up in the value of their property. This would allow you to draw cash from the value of your home without moving out or giving up any ownership.
The main form of equity release offered by Life Mortgage Solutions is called a lifetime mortgage. Every year lifetime mortgages enable thousands of people to stay in their homes and cash out the value without having to make make monthly repayments.
A lifetime mortgage is a popular type of equity release and here are some facts about the product.
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