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Costs

For advice on Equity release we act as introducers only.

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.

Company addresses:

Melton Mowbray Office
Mill Lane Asset Management
20 Norman Way
Melton Mowbray
Leicestershire, LE13 1JE
T: 01664 483124

Email: Melton@MillLane.com

Oakham Office
Mill Lane Asset Management
Knights Yard, Gaol Street
Oakham
Rutland, LE15 6AQ
T: 01572 757587

Email: Oakham@MillLane.com

Registration address as Melton Mowbray office address
Registration number: 03568547
Registered in: England

Mill Lane Asset Management Ltd is An Appointed
Representative of Sesame Ltd., which is authorised and
regulated by the Financial Services Authority

Sesame Ltd is entered on the FSA register
(www.fsa.gov.uk/register/) under reference 150427.

The FSA do not regulate National savings products, loans,
Will writing, Commercial Mortgages and some forms of buy
to let mortgages, 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.

Telephone: 01664 483124 | enquiries@MillLane.com

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