Home equity release explained

Home equity release explained

The term equity release refers to financial products that let people, usually over a certain age, free up some of the cash invested in their property. If you need to top up your pension or would rather use the money tied up in your home for other things, releasing some of the equity can be

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what is apr

What is APR

Annual Percentage Rate (APR) is the term used to describe the amount it will cost you to borrow money for one year. It is calculated using a standard method with an assumed level of borrowing of £1,200. The calculation also takes into account the interest charges and any other fees, such as annual fees or

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