A lifetime mortgage is a loan secured on your home.
No monthly payments and no interest charges, ever.
Borrowers will receive their loan in one lump sum.
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There's no need to make any monthly interest payments.
The interest rate is fixed for the life of the loan.
The amount of time you have to pay back
the loan.
A lifetime mortgage is a loan secured on your home.
Aviva mortgages up to 85 have a loan to value of 60%.
Essentially Equity Release is a long term loan.
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