Costs of Equity Release Schemes

Take into consideration that when entering into any type of equity release scheme there will be set-up costs and ongoing costs which can include:

  1. Arrangement Fees payable to the lender
  2. Legal Fees
  3. Valuation Fees
  4. Maintenance costs - you are still responsible for the maintenance of the property
  5. Insurance costs - maintaining adequate building insurance
  6. Loss of income, such as reduced eligibility for means-tested benefits
!

EQUITY RELEASE (INCLUDING LIFETIME MORTGAGES AND HOME REVERSION PLANS) WILL REDUCE THE VALUE OF YOUR ESTATE AND CAN AFFECT YOUR ELIGIBILITY FOR MEANS TESTED BENEFITS.

 

London Stock Exchange

Value Move %
FTSE 100
9114.54 53.05 0.585
FTSE 250
22105.63 92.141 0.419
FTSE 350
5004.27 28.11 0.565
FTSE All Shares
4952.83 27.37 0.556
Dow Jones
45010.29 507.848 1.141
Nasdaq
21020.018 127.332 0.609

Currencies

Value Move %
0
1.153 -0 -0.04
GBP/NOK
13.686 -0.023 -0.171
0
12.899 -0.006 -0.045
GBP/USD
1.356 -0.002 -0.126

Biggest Movers

Value Move %
SEGRO
795.6 +52.4 +7.05
easyJet
477.8 -18.1 -3.65
!

Market data is subject to a 15-minute delay.

Requestcall back

Tell us where you are in your life so we can help you.

or call us
0800 644 6402