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Tuesday, July 01, 2008
Equity Release: What is it?
Equity Release is a way of people over 55 to release money from their property to give them more money in retirement.
There are 2 main types
Lifetime mortgages
Home Reversion
It is heavily regulated these days and has a trade body (SHIP)
Equity release is available through specially qualified Financial Advisers. My company AP Financial Services & I have the necessary permissions.
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