Your Time Guarantee
No sales call guarantee
We do not make sales calls or pass your details onto a third party for any marketing purposes.
Free quotes and guidance
No charges for initial advice and quotes.
Competitive rates
We have access to the whole of the market and can secure rates and plans not available elsewhere.
High quality personal service
Your Time will always put the customer first and look after your best interests.
How much does it cost?
There are several fees and charges involved in setting up a new Lifetime Mortgage. These fees are not due until the cash is released to you. If you don’t take the cash, there are no fees payable, even if you decide against it at the last minute.
Fees payable to us:
Our fees are very competitive. We charge a fixed fee of £695 no matter what the size of your loan. Many brokers will charge a percentage of the loan you take out, which on larger loans can be very expensive. Many brokers have a minimum fee of £1,500 (or more).
= £695
Fees payable to your lender:
Most lenders will offer free valuations and no up front charges or fees. Where there are set up fees or arrangement fees these will be explained to you in full and are usually only payable when the new loan is taken out.
= £0
Fees payable to your solicitor:
You will need a solicitor for the legal work involved. We will always recommend using a solicitor who is experienced in dealing with Equity Release and would recommend a firm with fixed charges. Typical charges are between £600 – £700. You can use a local solicitor but we recommend that you ask for a fixed price quotation and check they have the right experience.
= £700
TOTAL FEES PAYABLE ONLY UPON COMPLETION = £1,395.00
Call back request
Enter your name and telephone number below and one of our friendly advisers
will call you to discuss releasing equity from your home.