News Sources wrote an interesting post today on
Here’s a quick excerpt
Written by Anurag Bhateja on July 10, 2009 – 9:30 pm – In the UK, there is a new financial product which is a right mess. It is called equity release and you borrow money against your home and the repayment to the income provider can be done through two means. In case if a person dies, the provider is paid his due through selling the house. If the house is sold before his death, he will have to pay the lender his due amount along with the applicable interest. One of the plans is called a life

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This entry was posted on Friday, July 10th, 2009 at 4:00 pm and is filed under Mortgage Loan News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.