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Costs

Armstrong Financial Planning does not give advice on Mortgages/Equity Release

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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Armstrong Financial Planning 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 National savings products, loans, Will writing and some forms of Buy To Let mortgages, offshore funds and inheritance tax planning.

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

Registration address as company address
Registration number: 4601374
Registered in: England & Wales

Armstrong Financial Planning Ltd
Suite 4, Duxbury Court, 42a Preston Road, Standish, Wigan, Lancashire, WN6 0HS

Tel: 01257 425544Fax: 01257 425171

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