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CeMAP Module 2 - Mortgages
What could be perceived as a disadvantage of a home reversion scheme?
The interest rate is higher than with a lifetime mortgage
The amount received will be lower than the market value of the property
The plan holder only has a tenancy for as long as payments are maintained
There is a possibility of negative equity
Question 1 of 5
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Question Ref. #WL225559.