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Partial Release of Property from Mortgage by Individual Holder South Carolina Form

Partial Release of Property from Mortgage by Individual Holder South Carolina Form

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here's how your parents can access a lump sum of cash in under a minute don't worry this isn't some fad scheme it's a real scheme backed by the financial conduct Authority it's called Equity release it's an agreement which lets the borrower access some money from the equity in their house without selling it there's two common types one is a lifetime mortgage and the other is a home reversion plan what happens is the borrower I'll either be giving a lump sum or regular payments it's up to them and based on how much their home is worth there's no restriction on what they can use the money for it could be home renovations or a luxury holiday maybe even a new car the catch they'll have to be 55 or over it's a big decision so make sure they speak to a financial advisor before doing it

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