24.11.23
The Definitive Guide to How Equity Release Works
Wondering how equity release works? It's a financial solution that allows homeowners, typically those aged 55 or older, to release a portion of the equity tied up in their property. By unlocking this equity, individuals can access a lump sum or regular payments, providing financial flexibility in retirement.
Understanding the ins and outs of equity release is essential to make informed decisions about this option, ensuring it aligns with your goals and circumstances. In most cases, a mental capacity assessment is usually required to ensure that the client understands why they wish to enter into such an agreement and its’ salient details....
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