Equity Release is an increasingly used option for those aged 55 years and over in order to provide a lump sum payment or income stream for a more comfortable retirement. It can be a good way to secure access to funds in later life, but as with all financial borrowing products there are pros and cons to equity release, whether it be a Lifetime Mortgage or a Home Reversion Plan.
We recommend taking advice from an independent financial adviser who specialises in giving advice to later life clients before deciding whether equity release is right for you.
Our solicitors have plenty of experience in providing clients with the necessary legal work involved in equity release schemes and will be delighted to discuss your requirements in this area with you.
If you want to have an informal discussion about equity release, call us on +44 (0)20 8420 7950 and speak to one of our solicitors or Email email@example.com