Tel: 0115 859 0012 | advice@dependablefinance.co.uk

Costs

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:

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

LIFETIME MORTGAGE CAN QUICKLY ERODE THE REMAINING EQUITY AND AS A RESULT THERE MAY BE NO VALUE LEFT TO PASS ON.

'EQUITY RELEASE' INCLUDES HOME REVERSION PLANS AND LIFETIME MORTGAGES. TO UNDERSTAND THE FEATURES AND RISKS PLEASE ASK FOR A PERSONALISED ILLUSTRATION.

Mortgage Enquiry

Company address:
Dependable Finance Ltd, 358 Loughborough Road, West Bridgford, Nottingham, NG2 7FD
T: 0115 859 0012
F: 0115 859 0012

Email: advice@dependablefinance.co.uk

Registration address:
470 Hucknall Road, Nottingham NG5 1FX
Registration number: 5391379

Dependable Finance Limited is an Appointed Representative of Openwork Limited, which is authorised and regulated by the Financial Services Authority.

Openwork Limited offers insurance and investment advice on products from a limited number of product providers and advice on mortgages representative of the whole market.

Openwork is entered on the FSA register (www.fsa.gov.uk/register/) under reference 408285

The information on this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

Telephone: 0115 859 0012 | advice@dependablefinance.co.uk