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:

  1. Arrangement Fees payable to the lender
  2. Legal Fees
  3. Valuation Fees
  4. Maintenance costs - you are still responsible for maintenance of the property
  5. Insurance costs - maintaining adequate buildings insurance

EQUITY RELEASE, LIFETIME MORTGAGES & 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
7529.35 75.6 1.014
FTSE 250
18408.65 175.18 0.961
FTSE 350
4136.8 41.24 1.007
FTSE All Shares
4094.48 40.68 1.004
Dow Jones
36245.5 294.609 0.819
Nasdaq
14305.032 78.813 0.554

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