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Costs

For advice on Equity release we act as introducers only.

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 maintenance of the property
  5. 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 & Equity Release
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Company address:
Anne Wray, Old Chapel House, 3 Heapey Road, Chorley, Lancashire, PR6 9BD
T: 01257 233023
F: 01257 233022

Email: info@annewray.org

Anne Wray Independent Financial Adviser is An Appointed Representative of Sesame Ltd., which is authorised and regulated by the Financial Conduct Authority

Sesame Ltd is entered on the Financial Services Register (www.fsa.gov.uk/register/firmSearchForm.do) under reference 150427

Commercial Loans are not arranged via Sesame.

The FCA do not regulate National Savings products, personal and commercial loans, wills/will writing, some forms of mortgage, tax planning, inheritance tax planning or offshore funds.

The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

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Telephone: 01257 233023 | info@annewray.org

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