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Equity Release Help |
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Going direct to the Equity Release Provider |
Going direct to the Equity Release ProviderUnfortunately, some people do this because they think it is cheaper than taking Independent Financial Advice. This is possibly the decision with the most financial impact you will ever take, so why people do this is astonishing. Whilst the call centre salesperson may be very helpful and friendly, he or she just cannot explore all the products and options either as they sell just their own company's products.
Even if you did go direct to, say, Norwich Union or the Prudential, the interest rate you could pay would be higher than the rate available via an Independent Financial Adviser. Why? Because they then take all the regulatory burden for the advice and this must be paid for.
Whilst we charge an initial set up fee, and it is only paid once. If you pay a higher interest rate to a provider over the years, the difference could amount to THOUSANDS of pounds.
Here are some of the equity release providers in the marketplace. Our search and analysis systems mean that we can trawl these to come up with the best in your individual circumstances.
You could, of course, try to navigate your way through all of this and all the paperwork yourself.......
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Our standard fee for researching and implementing a scheme is £500. This is payable half at application and half on completion.
We will receive and retain a procuration fee from the product provider as well. |
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Equity Release Help is a trading style of Asset
Investment Management Ltd, Drayton Old Lodge, Drayton, Norwich, Norfolk, NR8 6AN Tel 01603 869988
Authorised and Regulated by the
Financial Services Authority No 462797. Registered in England and Wales
Tax advice is not regulated by the Financial Services Authority Equity Release in Norfolk Equity Release in Suffolk Equity Release Schemes Releasing Equity from your Home |
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