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Equity release borrowers from 15 years ago are paying TWICE as much interest as today

Equity release borrowers from 15 years ago are paying TWICE as much interest as today
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Equity release lenders still charging elderly borrowers huge fees

Lenders have wildly different fees for paperwork with one firm charging £600 The charges are levied if a borrower wants to make a change to their plan  Cost is compounded as the borrower must first talk to an independent adviser  The country s largest lender Aviva has announced it is raising a string of fees   But Aviva s equity release arm made £65.7m last year from fees and commission

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