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
8072.39 -68.35 -0.84
FTSE 250
20517.92 -117.449 -0.569
FTSE 350
4459.45 -36.11 -0.803
FTSE All Shares
4417.83 -35.65 -0.8
Dow Jones
43988.99 259.648 0.594
Nasdaq
19286.777 17.318 0.09

Currencies

Value Move %
0
1.205 0.003 0.283
GBP/NOK
14.216 0.096 0.678
0
13.975 0.104 0.752
GBP/USD
1.292 -0.007 -0.522

Biggest Movers

Value Move %
SEGRO
795.6 +52.4 +7.05
easyJet
477.8 -18.1 -3.65

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