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
7630.02 5.04 0.066
FTSE 250
19054.87 41.289 0.217
FTSE 350
4204.7 3.66 0.087
FTSE All Shares
4163.21 3.64 0.088
Dow Jones
38996.39 47.371 0.122
Nasdaq
16091.923 144.185 0.904

Currencies

Value Move %
0
1.168 0.001 0.07
GBP/NOK
13.41 0.002 0.014
0
13.094 0.019 0.141
GBP/USD
1.263 -0.003 -0.264

Biggest Movers

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

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