How Do Equity Release Schemes Work
How Do Equity Release Schemes Work. What is equity release exactly? It’s done via a loan, which is usually repaid from your home’s value once you die. How Do Equity Release Schemes Work? Petty's Definitive Guide from www.pettyson.co.uk You don't need to have fully paid off your mortgage to do this. Equity release schemes work by providing the homeowner with some of their home equity and they do not have to make monthly repayments. In short, equity release plans enable homeowners to unlock some of the cash that is currently…
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