Typical equity release arrangements allow you to
- borrow against the value of your home (or a portion of the overall value thereof), or
- sell all or part of it, to the equity release company
In return, you will receive a regular income or monthly sum and the right to continue living in the property.
The arrangement usually comes to an end when you die or enter a long term care facility and the home is sold.
Your matter will be handled by the same solicitor or lawyer, from start to finish and you will be kept updated by telephone, email and post.
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