We feel that it is vitally important that you receive Whole of Market advice.
This means that the Lifetime Mortgage advice you receive from us is completely impartial where the adviser has no links to a specific lender or number of lenders.
However, many companies will charge you a sizeable fee for this service.
The below table shows some of the major providers’ services and typical fees.
As you can see, of these, Hallmark are the only Advisers who provide Whole of Market and do NOT charge an Advice or Administration fee in most cases*.
Whole of Market Service | Typical Advice or Administration Fee | |
---|---|---|
Hallmark Equity Release | Yes | £0* |
Age Partnership | Yes | £1,895 |
Key Equity Release | No | £0 |
The Equity Release Experts | Yes | £1,499 |
Bower Retirement | Yes | £1,495 |
* Our 'no fee' offer applies only to loans of over £50,000.
The above information is accurate at the time of publishing as taken from the respective companies’ websites. The accuracy of this information will be reviewed and updated periodically.