A law firm <a href=" http://www.formaciononlinegratis.net/lamictal-for-bipolar-ii-disorder-user-reviews.pdf#brain ">lamictal for bipolar ii disorder user reviews</a> The compounding effect rapidly whittles away the equity in the property. At the worst rates, rolling over the interest each year will double the original debt in a decade. Crucially, the debt grows more slowly on newer deals, which now cost 5.35pc on average, down from 6.55pc three years ago. By contrast, someone who took equity release in 2007 could be paying as much as 7.86pc. In the worst cases, borrowers who took a Northern Rock or Norwich Union policy more than a decade ago are paying 8.25pc.
|