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The fastest growing mortgage market for the last two years running; equity release is becoming a popular option for homeowners to access the cash tied up in their home. If your clients are over the age of 55 and looking for a little extra money to enjoy a more colourful retirement, a lifetime mortgage could be the right choice. A lifetime mortgage is a type of equity release, it's a loan secured on your client's home.
To help you get started, we’ve outlined below some reasons why you may want to advise on a lifetime mortgage. There are also some tips and advice on how to get qualified.