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totalguitar Posts: 166 Forumite

28 November 2005 at 7:28PM in Mortgages & endowments

Does anyone have any experience with Lifetime Mortgages. For those who don't know, It allows you to free up money in your home and gives you cash whilst your alive, you repay the debt and interest when you die or go into a retirement home. This obviously effects inheritance. Any good/bad stories or advice ?

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