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‘Exceptional knowledge of the available lenders on the market, prompt, professional service, the advice we were given has helped us to forward plan to achieve our goal in the future’ 

Karen, Plymouth

What are the costs of setting up Equity Release on my home

There are four main costs for completing an Equity Release mortgage:

  • Lender fees.

The majority of deals we source for clients do not have a fee.

  • Valuation fees

In most instances, when you complete an application with Ocean, the lenders pay the valuation fee on your behalf.

  • Solicitor Fees.

These are generally around £650 including VAT.

  • Broker Fees.

Ocean charge 2% of the amount you borrow, subject to a minimum of £1,495.

 The fees associated with Equity Release can be added to any loan you take out.

Equity release Plymouth.

Equity Release

About Ocean Equity Release

First time buyer mortgage broker Plymouth.

What Equity Release can be used for

What Equity Release can be used for

Mortgage broker Plymouth.

Calculate the amount you can raise

How to calculate Equity Release interest

Equity Release

The Equity Release Process

Mortgage protection Plymouth.

Equity Release set up costs

How much will Equity Release cost?

Modern Day Equity Release

The advantages of modern day Equity Release

How Equity Release has improved. 

Equity Release

Alternatives to Equity Release

What other options are available? 

Frequently Asked Questions about Equity Release

Frequently Asked Questions

FAQ’s

Buy to Let mortgages Plymouth.

How Equity Release helped me

Our Client Wendy, and how Equity Release helped her