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
8732.46 -32.26 -0.368
FTSE 250
20913.01 -3.131 -0.015
FTSE 350
4787.37 -15.6 -0.325
FTSE All Shares
4736.6 -15.21 -0.32
Dow Jones
44546.08 -165.352 -0.37
Nasdaq
20026.773 81.129 0.407

Currencies

Value Move %
0
1.199 -0.001 -0.073
GBP/NOK
13.999 -0.002 -0.011
0
13.457 -0.016 -0.119
GBP/USD
1.259 0.002 0.181

Biggest Movers

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

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