Equity Release Enquiry - Craig Spark - Richard James Partnership Ltd

Craig Spark is a registered individual with Richard James Partnership Ltd

Craig has worked in Financial Services since 1984 and in that time has gained a wealth of experience in advising on mortgages. You will also have seen that Craig has the Qualifications CeFA, CeMAP and CeRER after his name and these stand for:

This means that you can be assured of Craig’s experience, expertise and qualifications.

Craig decided to specialise in Equity Release mortgages after his father took one out in 2007. He will be happy to refer you to other colleagues for other types of mortgage, pension and protection advice but has decided to only deal with, and specialise on, equity release mortgages.

Many people are now living in nice properties with either small or no mortgages at all. So as the saying goes they are 'Property rich cash poor' and with the new regulations regarding Equity Release these people can now release some of those monies to enhance their lifestyle, clear any outstanding mortgages and debts, help their children or have those dream holidays. Yet stay in that home for the rest of their lives with NO mortgage repayments.

Equity Release Enquiry - Craig Spark - Richard James Partnership Ltd

Equity release is now a growing option for those who need a helping hand in giving them the retirement they deserve, by releasing some of the equity in their property.

As an Independent Specialist Equity Release with Richard James Partnership Ltd he can research the entire Equity Release Market and source the most competitive deals and solutions for your Equity Release needs. Put simply, he wants to assist you to enjoy your retirement whilst helping you save money wherever he can and you can be assured that his Broker fee's are among the most competitive on the market.


How does it work?

Whether you complete the instant online quote fields, or request a call back, Craig will telephone you for an initial friendly chat. He will find out what your needs and wants are and answer any questions you may have. From that initial discussion, he will be able to get an idea of what you are looking for. He will ensure at that stage that you qualify for Equity Release and discuss how it could work for you. He will then conduct a FREE, no obligation consultation to complete a full analysis of your situation, explain how Equity Release works, check how it may affect any State benefits you are entitled to or whether it would affect your personal tax situation and then tailor his advice to your specific needs.

He will explain the importance of using an independent mortgage adviser, and provide you with a full explanation of how the Richard James Partnership Ltd gets paid. He will also fully explain all the fee's and charges before you make any decisions.

Also, he will research the entire Equity Release Market and find you the very best deals that match your specific requirements and present them to you in order for you to make an 'informed' decision, if you are happy with everything, he will then complete the required documentation for you to proceed. You will not have to make any commitment until you are talking to a solicitor who will also ensure you understand everything and have no outstanding questions. The usual timeframes are 4 - 6 weeks from initial chat to the monies being paid into your account.

Terms and Conditions

Our charges are based on two considerations: the loan amount and the complexity of your individual circumstances. We will provide you with a free initial consultation and we will always explain what you will be charged before you decide to proceed with an application. As we offer a bespoke service our fees can vary. We charge an application fee of £395.00. This fee is only charged once your mortgage has been agreed in principle with the lender. Once your mortgage is completed we charge a broker fee of £995.00. If your circumstances are more complex, we may charge a higher fee. Our maximum fee is 1.5% of the loan value.

These fees apply to regulated mortgages. Certain mortgages, primarily most buy to let and commercial mortgages, are not regulated. Fees for non-regulated mortgages can vary depending on your requirements and circumstances.

Legal

Craig Spark is a Registered Individual with Richard James Partnership Ltd.

Richard James Partnership Ltd is authorised and regulated by the Financial Conduct Authority, FCA Number 301173. The Financial Conduct Authority does not regulate some investment mortgage contracts. Calls may be recorded for training and compliance purposes.

Richard James Partnership Ltd is a company registered in England, registration number 04427489, whose registered office is at 8 St. James’s Square, London, SW1Y 4JU.

Your property may be repossessed if you do not keep up repayments on your mortgage.

This is a Lifetime mortgage or home reversion plan, to understand the features and risks, ask for a personalised illustration.

Under no circumstances should any of the information contained within this website be construed as "advice". You should seek professional advice in respect of your own circumstances.