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:

  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

Company address: Clearwater Financial Ltd, 6-7 Southernhay West , Exeter, Devon, EX1 1JG

T: 01392 251004 E: atucker@clearwaterfinancial.co.uk

Clearwater Financial Limited: Registered in England & Wales, No. 05437119. Registered Office: 6 Southernhay West, Exeter, EX1 1JG

Clearwater Financial Limited is an appointed representative of Quilter Financial Services Limited, who are authorised and regulated by the Financial Conduct Authority.

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

Approver Quilter Financial Services Limited 13/01/2025.

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