FAQs Archive - Equity Advice UK

Q: How much does it cost...?

Equity Advice UK will advise you as to the most appropriate provider to meet your needs and objectives and outline all the fees and charges before you commence with your application. As part of this consideration, ensuring the suitability of Equity Release to your personal situation is paramount. We will discuss and explore a number of key points. For example; the implications of adding fees to the amount you borrow, the costs associated to the provider of the Equity Release facility, and any other factors that can have a bearing on the overall total cost. Equity Advice UK is a trading style, for website purposes only of Millennium Wealth Management Ltd

Q: Is my family affected and what impact is there, if any...?

Equity Advice UK always encourages as part of the initial discussions that immediate family and/or beneficiaries be involved in exploring the suitability of Equity Release. As part of those conversations, we explore the advantages and disadvantages of Equity Release in full and advise how in each case it may affect your individual circumstances. Of course, if you wish to proceed on your own, we will adhere to your instruction. Be assured that all information discussed is confidential. Equity Advice UK is a trading style, for website purposes only of Millennium Wealth Management Ltd

Q: Who is Equity Release for...?

Anyone can apply for Equity Release, if you are the owner of a residential property, and aged over 55, with little or no outstanding mortgage. Equity Advice UK is a trading style, for website purposes only of Millennium Wealth Management Ltd