ER1 Equity release

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Bill aims to raise funds using a home reversion scheme, which means the money will come from:

taking a loan for up to 100% of the property value

taking a loan for up to 50% of the property value

selling a proportion of the property to a reversion provider at market value

selling a proportion of the property to a reversion provider at less than market value

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Question Ref. #WL228768.