Phone:01895 253559 | office@altero.co.uk

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:

Arrangement Fees payable to the lender
Legal Fees
Valuation Fees
Maintenance costs - you are still responsible for maintenance of the property
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

Company address:
Altero Financial Services Ltd, 1 Beasleys Yard, 126 High St, Uxbridge, Middlesex, UB8 1JU
T: 01895 253559
F: 01895 238357

Email: office@altero.co.uk

Registration address:
122 High St, Uxbridge, Middlesex UB8 1JT
Registration number: 3466101
Registered in: England

Altero Financial Services Limited is Authorised and Regulated by the Financial Services Authority. Altero Financial Services Limited is entered on the FSA register (www.fsa.gov.uk/register/) under reference 490060.

The FSA do not regulate National savings products, loans, Will writing and some forms of mortgage, offshore funds and inheritance tax planning.

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

Company phone: 01895 253559 | office@altero.co.uk