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•   Equity Release
•   What is Equity Release?
•   What is a lifetime mortgage?
•   What is a home reversion plan?
•   Fees and Costs
•   Existing mortgages
•   How can Later Life Matters Limited help me?
•   Common questions
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Existing mortgages

If you have an existing mortgage or loan secured against your home and wish to raise money through an Equity Release Scheme, it is a condition that you use part of the money to repay the original mortgage or secured loan. 

Sometimes, this can be of benefit, as the monthly mortgage repayment will no longer be required and may ease some pressure on your current income and expenditure position.

We recommend that clients think carefully before securing any other debts against their home. By extending the term of the debts, you will be increasing the overall cost.

Equity Release may involve a lifetime Mortgage or Home Reversion Plan.
To fully understand the features and risks, please ask for a personalised illustration.

With some Interest Only Plans, your home may be repossessed if you do not keep up repayments on your mortgage.


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