The Mortgage Centre provides unbiased Equity Release advice on a face to face basis. Able to access a comprehensive range of Lifetime Mortgage products from across the market, our key providers all subscribe to the Standards Board of the Equity Release council. We provide a no obligation consultation to establish if Equity Release is right for you.
This process will include and consider:
- A full financial review of your circumstances and objectives
- The benefits and drawbacks of Equity Release
- Consideration of viable alternatives to Equity Release, including assessment of any state benefits or grant that may be available to you, based on your eligibility
- The benefits and impact of using your property as security for this type of facility
- Assessment of the potential impact on beneficiary’s inheritance
- Recommendation letter outlining your circumstances and our advice to you
CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.
THERE IS A FEE FOR EQUITY RELEASE ADVICE. WE TYPICALLY CHARGE A FEE OF 1.5% OF THE LOAN AMOUNT PAYABLE ON COMPLETION WITH A MINIMUM CHARGE OF £995. HOWEVER, WEB-ORIGINATING CUSTOMERS WILL BE CHARGED A MAXIMUM FIXED FEE OF £995.