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Equity release – raising money from your home
Equity release is a way of using the value of your home to raise money. This could be in the form of an additional income, a cash lump sum, or both.
You can find out more about equity release on the Money Advice Service website. Money Advice Service is an independent service, set up by government to help people make the most of their money.
The Money Advice Service gives you information on how the different types of equity release scheme work and what you should expect from firms that sell them.
More on equity release at www.moneyadviceservice.org.uk.