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LLB Later Life Borrowing

Equity release or downsizing?

Releasing equity is not the only way to free up the money in your home. Selling and moving somewhere smaller can raise cash with no interest to pay. This tool compares the two honestly, including the costs of moving.

Downsizing

£136,000

cash freed after moving costs

Equity release

£305,000

eventual cost to release the cash you need