ER Are there any upfront costs

Are there any Upfront Costs?

There are more and more products coming on to the market that include a free valuation. This means that you can apply for Equity Release without any costs upfront and then if you change your mind before you complete, for any reason, then it has cost you nothing.

That doesn't mean there aren't fees in general. There may be arrangement fees charged by the lender that can be added to the loan and there will be legal costs to complete the process. Although there are deals with no arrangement fees and also deals that will cover legal costs, or pay a cashback to cover the legal costs.

It's important to look at all the options carefully with your adviser to work out what is best for you.

Call us today on 01484 605931 to find out how more.

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