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KeindeAbiola

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  1. I'm not a mortgage broker, but I can offer some friendly advice. Given your situation, it's worth exploring options like a mortgage or equity release. Although you're retired, eligibility for a mortgage could still be possible depending on your income and other factors. Equity release is designed for retirees and allows you to unlock the value in your home. As for buying a £265k property and releasing £50k equity, it's best to consult with a mortgage broker or equity release specialist to see if that's feasible. They can guide you through the process and help you find the best solution for your needs. I know these financial decisions can be overwhelming, but remember, you're not alone. By the way, I recently came across a Mortgage Broker in Swansea that offers helpful info on mortgages and loans.
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