Equity Release Schemes
Equity release schemes are a range of products which allow homeowners aged 55+ and who have little or no mortgage, to safely release some equity from their property to improve their life without having to move.
If you are under 55 we may still be able to help you raise money from you home with an ordinary mortgage or re-mortgage. If you would like to discuss ordinary mortgages please complete our online enquiry form and indicate that you are interested in ordinary mortgages and we will call you back.
“Equity release includes home reversion plans and lifetime mortgages. To understand the features and risks ask for a personalised illustration.”
Our minimum fee is £1,500 of which £500 is payable at outset and is non-refundable. We may get paid a procuration fee from the lender and we will use this to offset the remaining £1,000, up to a maximum of £1,000.
The initial fee is £500 and we receive a procuration fee of £900 from the lender. The balance of £100 (£1,500 less the £500 and £900) is payable by you at completion.
The initial fee is £500 and we receive a procuration fee of £1,150 from the lender. As we have received more than our minimum fee no further payment is required.
No charges or fees will be incurred without prior agreement.