How Much Is It?
Our Charges
Freedom Equity Release charge a fee of 1% with a minimum fee of £500. This fee is only payable if you decide to go ahead with our advice, and then only on successful completion. We will also receive commission from the lender (This will be clearly shown on your personal illustration)
Other Charges
There may also be a providers arrangement fee (Often with the option to include this in the borrowing amount)
You may have to pay for a valuation of your property and your own legal fees. A typical valuation fee for a property valued at £100,000 would be £275, however some providers offer this for free. Typical legal fees would be in the region of £575 + VAT plus dispersements.
If an Equity Release Plan is not suitable for you and we find that a mortgage would be more suitable instead, we are also authorised and qualified to arrange this for you unlike many of our competitors who may only guide you down the Equity Release route.
Click here to view Client Agreement
This Website refers to Home Reversion Schemes and Lifetime Mortgages. To understand the features and risks, ask for a personalised illustration.
The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services business aren't able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk
CONNECT
Freedom Equity Release
Registered in England and Wales: 4170932
Registered address:
The Pinnacle
25 Sageston Fields
Sageston, Tenby
Pembrokeshire
SA70 8TQ
INFORMATION
• How Much Can I Borrow?
Freedom Equity Release is a trading name of Willcox Financial Limited who are an appointed representative of Sense Network Limited which is authorised and regulated by the Financial Conduct Authority.
This site is intended for UK consumers only. The information contained in this website is for general information only and is not financial, investment or tax advice
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