IFA Carmarthen, Carmarthenshire ~ Financial Adviser Carmarthen, Carmarthenshire ~ Financial Planning Carmarthen, Carmarthenshire ~ Financial Advice Carmarthen
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Costs

To understand the features and risks of Equity Release, ask for a personalised illustration.

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 Enquiry
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Company address:
Western Welsh Financial Services, Western House, 23 Spilman Street, Carmarthen, Carmarthenshire, SA31 1LQ
T: 01267 238555
F: 01267 238560

Email: enquiries@westernwelsh.com

Western Welsh Financial Services is a trading name of Western Welsh Mortgage Services Ltd., which is authorised and regulated by the Financial Conduct Authority. Western Welsh Mortgage Services Ltd is entered on the Financial Services Register (www.fsa.gov.uk/register/firmSearchForm.do) under reference 313805.

The Financial Conduct Authority does not regulate Taxation advice and some forms of Mortgages.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Telephone: 01267 238555 | enquiries@westernwelsh.com

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