An introduction to equity release mortgages

interest-in your lifetime

Disadvantages

  • The lender will not pay market value for the equity

Look for a SHIP-approved Equity Release Mortgage

Plans that are approved by the Safe House Income Plan guarantee that you will never end up owing more than the home is worth, even if the property market changes, and no matter how much interest you accrue. You cannot build up negative equity in the property, and will not pass debt to your estate in the event of your death.

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