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141650
Hodge
Description
Equity Release Adviser Course Mind Map on Hodge, created by ian.pine on 01/07/2013.
No tags specified
equity release adviser course
equity release adviser course
Mind Map by
ian.pine
, updated more than 1 year ago
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Created by
ian.pine
over 12 years ago
30
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Resource summary
Hodge
Min Age 60
Max Age 85
Min Property Value £100K
Max Property Value £1M
Min Release £20K or £15K plus £5K reserve
Max Rel £500K
Min drawdown £1K
ERC 5% on sliding scale first 5 yrs (not if moving) plus based on Swap Rates charge if rates have risen or stayed the same max 25%
Free Val up to £350K
10% payments after 1st yr min £500 2 per year
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