Equity Release Proc Fees
Lifetime Mortgage Provider |
Gross Proc fee |
Net Proc fee |
Override |
Hodge Bank |
1.4% lifetime, 1.00 flexi |
1.25/0.85 |
0.15% |
Prudential |
1.75 plus £425 |
1.75 plus £400 |
£25 |
Just Retirement |
2.00% |
2.00% |
0 |
LV= |
1.50% |
1.30% |
0.20% |
New Life Mortgages |
1.30% lifetime |
1.25% lifetime |
0.05% |
Home Reversion Provider |
Gross Proc fee |
Net Proc fee |
Override |
Hodge Bank |
2.0% home reversion |
2% |
0 |
Bridgewater |
3.5% plus £50 – home reversion plans |
3.15% |
0.35% + £50 |
Home & Capital |
3.85% home reversion |
3.50% |
0.35% |