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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 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.

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Company address:
ARG Financial Services Ltd, Patman House, 23-27 Electric Parade, George Lane, South Woodford, London, E18 2LS
T: 020 8989 9666
F: 020 8989 8818

Email: enquiries@arg-ifa.co.uk

Registration address:
C/o Geoffrey Joseph & Co, TaxSaven House, 7 Granard Business Centre, Bunns Lane, London NW7 2DQ
Registration number: 3825632
Registered in: England

ARG Financial Services Ltd is Authorised and Regulated by the Financial Services Authority.

ARG Financial Services Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 222497

The FSA do not regulate National savings products, loans, Will writing and some forms of mortgage, offshore funds and inheritance tax planning.

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

Telephone: 020 8989 9666 | enquiries@arg-ifa.co.uk

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