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A lifetime mortgage is a type of equity release that allows you to unlock cash from the value of your home.
Equity release gives people aged 55 and over, who have money tied up in their home the ability to release equity from the property without having to sell it or make monthly repayments. You can decide to take a lump sum or draw down smaller regular amounts (or a combination of both) from the value of your house, whilst still residing in it. For many this can also be an option to repay an interest-only mortgage.
We are a member of the Equity Release Council and have a team of qualified experts to assist you in this area.