Phone:01992 500800 | info@eversley.co.uk
Costs
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 maintenance of the property
- Insurance costs - maintaining adequate buildings insurance
Lifetime mortgage can quickly erode the remaining equity and as a result there may be no value left to pass on.
'Equity Release' includes home reversion plans and lifetime mortgages. To understand the features and risks please ask for a personalised illustration.
Company address: Eversley Estate Planners Ltd - 19-21 Bull Plain, Hertford, SG14 1DX
T: 01992 500800
F: 01992 500444
Email: info@eversley.co.uk
Registration address as company address
Registration number: 05254380
Registered in: England
Eversley Estate Planners Ltd is authorised and regulated by The Financial Services Authority. Eversley Estate Planners Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 460399.
The Financial Services Authority do not regulate Will Writing, Loans, Credit Cards, or some forms of Mortgage, Tax Advice, Offshore Investments, Estate Planning.