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Serviced Borrowing
Serviced Borrowing
Serviced Borrowing
These days, there are many different types of Lifetime and retirement mortgages available, including those where the interest on the loan is fully serviced on a monthly basis, but where at some future point, for example at age 80, the mortgage could be converted into a 'roll-up' mortgage.
If you are considering an Equity release Lifetime mortgage, there are many things that you will need to consider and to understand.
For a no obligation conversation with an Equity Release Adviser:
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