Equity Release Retirement Mortgage

Published / Last Updated on 18/12/2013

When taking this option it is similar to an interest only mortgage. You will be assessed to see if you can afford the payments for this mortgage.There are not many of these types of retirement mortgages available.The positive side to this mortgage is the debt is set at a particular level, if you keep up with your payments.This is a long term commitment if you never pay off the debt.

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