Equity Release Solicitors

equity release solicitorsAre you looking to release capital from your home and would like to be guided through the process by experienced equity release solicitors?

CORONAVIRUS / COVID-19: We are continuing to provide a full service. We offer remote meetings by telephone or video conferencing software such as Zoom, Skype and Facetime if required.

Equity release becoming an increasingly popular option for the over 55s to release capital from their home. Homeowners may wish to consolidate existing debt, carry out home improvements, provide financial help to their children or grandchildren, or simply improve their own lifestyle.

However, as with all secured loans, borrowers should consider their options carefully and seek the advice of an independent financial adviser or broker.

If you would like to discuss your circumstances or requirements with one of our experienced equity release solicitors please call us on 0800 086 2929, email info@elitelawsolicitors.co.uk or complete our Free Online Enquiry Form to arrange a free, no-obligation discussion.

What are Lifetime Mortgages?

Lifetime Mortgages are by far the most common kind of equity release product and are regulated by the Equity Release Council. Homeowners can retain full ownership of their home, and the fixed interest payments on the loan can either be repaid and or rolled up. This means that the interest does not need to be regularly repaid but can instead continue to accrue until the mortgage and interest are repaid in full upon the eventual redemption of the loan.

How Our Equity Release Solicitors Can Help

We have a specialist team of equity release solicitors who regularly act for homeowners taking out Lifetime Mortgages. We are familiar with lenders’ usual requirements, so can pre-empt any possible issues early on the transaction. This helps to avoid any delays or difficulties further down the line.

The legal process always involves a face to face meeting between the lawyer and the homeowners. The purpose of this meeting is for the lawyer to provide advice in person, and also to witness signatures to the security documentation. We are always willing to meet homeowners either at a convenient office location, or at their home.

One of our experienced equity release solicitors will have an initial consultation with you, free of charge, to discuss your situation in more detail. Once we understand your circumstances better, we can provide you with a clearer understanding of how we can help you.  We will also provide you with a price quotation and a choice of funding methods at the outset.

Make A Free Enquiry

Call 0800 086 2929, email info@elitelawsolicitors.co.uk or complete our Free Online Enquiry Form to arrange a free, no-obligation discussion and let one of our experienced equity release solicitors explain your legal rights and options.

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    Harry Tuke

    Commercial Property &
    Residential Conveyancing

    “I had previously instructed Harry to act for me in a financial matter when he was at a different firm, and he did such a good job I managed to track him down at Elite Law when I needed to use his services again. I’m happy to say it was worth the effort. He and his team were exceptional – both superbly efficient, and able to make a potentially overwhelming piece of legal work easy to understand for me as a layman. I have no hesitation in recommending him or instructing him again. Excellent job!”

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