How will the loan impact the inheritance I can leave to my family or others?

Taking out a reverse mortgage is likely to reduce the amount of equity you retain in your property, which means there may be less equity remaining to the beneficiaries of your estate.

For this reason, we recommend that you discuss the loan with your family and other beneficiaries and consider seeking independent financial and legal advice before taking out a loan.

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Free Home Equity Release Loan Guide

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