Mortgage: Equity release rates drop as demand rises – ‘no signs of easing’ as the UK ages

Mortgage: Equity release rates drop as demand rises – ‘no signs of easing’ as the UK ages

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MORTGAGE holders can, when reaching a certain age, utilise equity release which can generate money from their home. Doing so can be beneficial but it is a decisions which must be thoroughly scrutinized as it can have costly downsides, which could be exacerbated by coronavirus.



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