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  • The debt is not repaid until the home is sold or you die.The most common use of money from an equity release product is home or garden improvements, treating family and friends, such as giving money to children, and going on holiday.Overall, it says 30 per cent of people between the age of 18 and 54 turn to their parents for help when they need a little extra cash.For those aged between 18 to 24,
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