What types of equity release plans are there?
There are two types of equity release plans: home reversion (though far less common nowadays) and lifetime mortgages.
The equity release option we offer is a lifetime mortgage.
Our lifetime mortgage, Lifestyle Flexible Option, offers you the option of either taking a one-off cash sum or taking a one-off cash sum and setting up a cash reserve to draw money from in the future.
And you don’t need to worry about paying a separate advice fee. If you decide to go ahead, we’ll make a commission payment to the adviser once your loan is set up instead.
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