a method of equity release for over 60s. You borrow money against the equity in your home, you pay no monthly payments but the interest is added to the loan amount. This is repaid by the sale of the house when you die or move into care. Found on http://www.encyclo.co.uk/local/21457
a method of equity release for over 60s. You borrow money against the equity in your home, you pay no monthly payments but the interest is added to the loan amount. This is repaid by the sale of the house when you die or move into care.