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With an equity release drawdown plan, clients can take out small amounts whenever they need them from a pre-agreed facility. With some plans the minimum additional release is just £500, providing clients with even more future flexibility.
Fixed income plans
With some plans, clients can get a fixed income each month set for a period of time (e.g. 10 years) and from as little as £200 per month, providing them with a more financially secure future.
Clients can pay up to 15% of the initial loan each year (dependent on provider).
Clients can pay the interest on the loan so that it doesn't roll-up. They can switch to a roll up plan if they no longer want to make these payments.
See how repayment options can work for your clients, click on the link below to use the more2life partial repayment calculator.