| Up-front fees cut for equity release |
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| 14 August 2008 | |
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Just Retirement, the equity release specialist, has announced the removal of up-front fees for its range of equity release mortgages, effective from today until the end of the year.
Just Retirement offers equity release mortgages at interest rates starting from 6.29% AER (6.30% APR). This new offering, which removes set-up and valuation fees on all applications, - will save applicants an average of £700 and make equity release more accessible to a wider market.
"Just Retirement strives to be a leading provider of equity release solutions, offering excellent value for money. We know consumers are feeling the pinch enough at present, so we hope this gesture will help those looking to reduce outgoings and boost income in retirement,” said David Cooper, Marketing Director at Just Retirement.
“This is especially true when you combine this with the flexibility offered by Just Retirement's drawdown product, which means individuals only pay interest on the amount they draw down and not on the overall agreed amount,” |
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