Many people have substantial equity tied up in their residential home. If you are aged 55 years or over and wish to release some of this equity we can help. Releasing equity from your property may be one of the most important decisions you have to make, therefore we strongly advise you to seek legal and financial advice before committing to an equity release scheme.
Equity release is a common term used to cover the various ways property owners may be able to release equity from the property to generate income or a lump sum whilst continuing to live in it.
Equity release plans are complicated financial products which allow you to borrow money against the value of your home, with the debt being repaid from the sale proceeds following your death. As the property you wish to release equity from may also be your family home it is almost certainly the most expensive asset you own.
With over 20 years experience in handling matters for elderly clients and having acted in numerous equity release schemes, we are happy to meet with you to explain in plain language what the scheme involves so that the process is easier for you to understand.
Once you have decided that you wish to release the equity locked up in your property and you have received appropriate financial advice, please contact us to discuss your requirements in detail.