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Money Box Live: Making Sense of Mortgages

Money Box

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How to Remorge on a Fixed Rate Mortgage

Joanne is on what we call a standard variable rate, which goes out as it has done. There could be a range of different options for you if you don't want to leave the property. For example, there's things like retirement interest only or equity release. James and his partner bought a home 10 years ago with a much longer term than is typical. They took a 35-year term overall but wanted to reduce that when they retired.

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