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
8787.06 0.04 0
FTSE 250
21051.26 33.48 0.159
FTSE 350
4817.23 0.94 0.02
FTSE All Shares
4767.02 0.89 0.019
Dow Jones
42519.64 214.16 0.506
Nasdaq
19398.957 156.344 0.812

Currencies

Value Move %
0
1.188 -0 -0.003
GBP/NOK
13.687 -0.047 -0.345
0
12.972 -0.032 -0.248
GBP/USD
1.353 0.001 0.073

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