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
9350.43 50.59 0.544
FTSE 250
22015.56 149.08 0.682
FTSE 350
5115.97 28.49 0.56
FTSE All Shares
5061.73 28.12 0.559
Dow Jones
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Nasdaq
22665.73 74.576 0.33

Currencies

Value Move %
0
1.145 0 0.044
GBP/NOK
13.418 0.019 0.14
0
12.656 0.007 0.052
GBP/USD
1.345 0.002 0.143

Biggest Movers

Value Move %
SEGRO
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easyJet
477.8 -18.1 -3.65
!

Market data is subject to a 15-minute delay.

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