Cost Of Advice On Equity Release

[Jennykenny]

A friend is possibly going down the route of Equity Release.
I have put her onto Which Magazine, and printed out a few articles that give some information but I really feel she needs independent professional advice.
Does anyone have any idea what this would cost?

[gangesboy]

I went through an IFA specialising in equity release and his advice cost me nothing. We eventually took his advice and went for a product and his fee was added to the overall amount borrowed. I am more than happy with the outcome. Your friend might want to check with the equity release council for a suitable IFA/Broker in her area
http://www.equityreleasecouncil.com/equity-release-council/

[Jennykenny]

Thank you.
That is very helpful.

[Old_Geezer]

You may have borrowed it, but it will still have cost you (or your estate if you wish) their fee. Still good advice isn't going to come free anyway.

[Jennykenny]

Indeed.

[Peter Pedant]

the best advice you can give Jenny
is dont do it under any circumstances

an obvious dog