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Equity release refers to the various ways in which you can use your home to generate income. This means that you can release cash from your home without the hassle of having to move. There are usually certain conditions that you must meet before taking out equity release. These may include:
Raising income from your home is a big decision and might not be your best or only solution. Make sure you think about all of your options before making a decision.
Make sure you get specialist independent financial and legal advice before signing up for equity release.
Our information guide and factsheet on equity release contain further information:
IL6: Equity Release (PDF 339KB)
FS65: Equity Release (PDF 464KB)
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