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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:
Frankwell Financial Ltd, The Cruck House, 92 Frankwell, Shrewsbury, Shropshire, SY3 8JS
T: 01743 236094
F: 01743 245248

Email: enquiries@frankwell.co.uk

Registration address as company address
Registration number: 04139489
Registered in: England & Wales

Frankwell Financial Ltd is An Appointed Representative of Sesame Ltd., which is authorised and regulated by the Financial Services Authority.

Sesame Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 150427.

The FSA do not regulate Will Writing, Personal Loans, Commercial Loans, National Savings products, or some forms of buy to let mortgages, tax planning, inheritance tax planning, 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.

Company phone: 01743 236094 | enquiries@frankwell.co.uk

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