Equity release is an option that is increasingly favoured by people looking to unlock capital from their home and can be an excellent route to freeing up a lump sum for care, home improvements, travel or even helping children through education or to get a foot on the property ladder themselves.
Equity release is a significant financial transaction that will have impact on you and your wider family, so it’s important to seek specialist independent professional advice at the outset.
At SO Legal Solicitors, our Residential Property Team works alongside clients and financial advisers to ensure all parties fully understand the legal implications of the equity release process.
How can we help?
Once your IFA has recommended an equity release product to you, our conveyancing lawyers will clarify the package to you, provide a breakdown of the risks and rewards and ensure you fully understand all the legalities if you decide to proceed. Put simply, we read the small print so you have a comprehensive legal understanding of what is likely to be a lifetime commitment.
Whether it’s a Home Reversion Plan or a Lifetime Mortgage, our equity release experts will ensure you understand the legal implications of the documents you’re signing; the impact on your estate and the beneficiaries in your will and what needs to be done during your lifetime and following your death.
For a no-obligation discussion about releasing equity from your home or you’d like to speak to us about the legal process before speaking to your IFA, contact:
SO Legal Solicitors Eastbourne – 01323 407555
SO Legal Solicitors Brighton & Hove – 01273 069920
SO Legal Solcitors Uckfield – 01825 729840
SO Legal Solicitors Notting Hill – 0203 9677700
“We had many difficult hurdles crop up during both of our transactions and Katie dealt with all issues promptly and efficiently, always communicating with us the whole way.”
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