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Capped Interest Rate
This is a variable rate mortgage with a capped limit beyond which the rate paid will not exceed. Advantages: Borrowers can benefit when rates fall but have the reassurance that their payments will not rise above the capped rate. Disadvantages: Like fixed or discount rate mortgages you may have to pay an application fee when setting up the mortgage. Capped rates may be a little higher than fixed rates over the same period.

Carers
Most plan providers allow you to have a live-in carer, as long as your carer signs a disclaimer to vacate your property if you die, and have no claim on the property.

Comparative Tables
Everyone has different circumstances so why not use our Equity Release comparative tables to see if you can quickly find a list of suitable Equity Release plan providers that match your requirements.

This site is for UK residents only