Shorter repayment period—A shortened repayment period means the payoff will come faster than the original term stated in the mortgage agreement.



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For example, if your mortgage balance is £150,000 and your house is worth £200,000, you have £50,000 equity in the property.


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Research the whole market in your own time, using your personal details to see exactly what amount you can borrow & the rates available to you.


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Cheaper rates - The rates can also be cheaper than the alternative of an aviva equity release interest rates 2023 release lifetime mortgage as you are not rolling up the debt.

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