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A scheme that allows you to borrow against the value of your home to release funds which can be used to provide an income, a lump sum, or both. The loan does not have to be repaid until you die or move to alternative accommodation. Interest, usually levied at a fixed rate, is “rolled up” on a monthly basis and added to the outstanding loan.
A summary or list of relevant title deeds proving the ownership history of a property,…
A document used to confirm that a lender agrees that their already-registered charge (mortgage) will be ranked…
