What will it cost?

The costs will depend on the type of plan you choose, its terms and the amount of equity you want to release. You will find more information about the different types of plan and their costs in this leaflet. But remember that the examples we provide are only illustrations. You should ask the lender or reversion company for a detailed breakdown of the costs. If you get your lifetime mortgage from a lender regulated by the Financial Services Authority (FSA), the lender will explain these costs to you in a document called the Key Facts Illustration (KFI).