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Costs
How much does equity release cost?
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:
- Arrangement Fees payable to the lender
- Legal Fees
- Valuation Fees
- Maintenance costs - you are still responsible for the maintenance of the property
- Insurance costs - maintaining adequate building insurance
- 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.
STOCK DATA
| Value | Move | % |
| FTSE 100 | ||
| 8424.5 | -14.15  |
-0.168 |
| FTSE 250 | ||
| 20783.26 | -39.58 |
-0.19 |
| FTSE 350 | ||
| 4634.63 | -7.91 |
-0.17 |
| FTSE All Shares | ||
| 4586.95 | -7.75 |
-0.169 |
| Dow Jones | ||
| 39869.38 | -38.621 |
-0.097 |
| Nasdaq | ||
| 16698.32 | -44.07 |
-0.263 |
where we are
01548 856096
56 Fore Street
Kingsbridge
Devon TQ7 1NY
info@clearwaterfinancialplanning.co.uk where we are
01548 856096
Falcon Business Centre
Eagle Road, Langage
Plympton PL7 5JY
info@clearwaterfinancialplanning.co.uk where we are
01548 856096
The Orchard Centre
Blind Hole, Market Street
Launceston PL15 8AU
info@clearwaterfinancialplanning.co.uk Locations
