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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 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: Insurance Services Wales Ltd, 62 Brecon Road, Merthyr Tydfil, Mid Glamorgan, CF47 8NN

T: 01685 848950 E: office@insuranceserviceswales.co.uk

Insurance Services Wales Ltd is an appointed representative of Quilter Wealth Limited, Quilter Financial Services Limited and Quilter Mortgage Planning Limited, which are authorised and regulated by the Financial Conduct Authority.

Insurance Services Wales Ltd – Registered in England & Wales, No. 02989714. Registered address: 62 Brecon Road, Merthyr Tydfil, Wales, CF47 8NN

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 Wealth Limited, Quilter Financial Services Limited and Quilter Mortgage Planning Limited 13/01/2025

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