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retirement home buying options - help?!

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strongblackcoffee · 04/06/2010 21:09

I am trying to do some research for my MIL but I don't know where to start...

They are retired home owners, but need to sell up and downsize to fund living costs. She says that there is some sort of option where you only pay around £30,000 and then don't own anything when you die. I have absolutely no idea what this is, what it's called or where to find out more about it. Can anyone help me..?

Thank you

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