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Equity release
Comments
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£60k is a lot. What kind of properties are they expecting?0
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I've always regarded the name 'equity release' to be entirely unsuitable. It implies the equity is trapped in your house and you are somehow freeing it. It's debt folks, wrapped up in a fancy package.
The words “don’t” “touch” and “barge pole” come to mind.
:cool: A cunning plan, Baldrick? Whatever it was, it's got to be better than pretending to be mad; after all, who'd notice another mad person around here?.......Edmund Blackadder.0 -
How old are you? Are you still working? If under 65 you may be able to look into a guarantors mortgage for your sons, providing they have the income to meet the full cost of the repayments.0
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