Equity Release

More and more individuals over the age of 55 are considering releasing equity from their home to unlock money that can be used to fund their retirement, support others or fund care.

If you are considering releasing equity from your home then you must seek independent legal advice beforehand from an experienced, qualified property solicitor.

In fact, independent legal advice is a requirement of the equity release process established by the Equity Release Council – the UK’s industry trade body.

Whether you are considering a reversion plan or lifetime mortgages, including lifetime interest-only mortgage, conventional lifetime mortgage or compound mortgage, our experts can help.

Working in conjunction with financial advisers and planners, we provide an easy-to-understand, professional service, offering pro-active advice and support to our growing number of clients in this area.

Not only were our team involved in the creation of one of the first regulated equity release schemes in the UK, but we have since worked on releases for hundreds of homeowners to obtain the money needed to fund their plans.

Our services include:

  • Equity release advice for homeowners
  • Equity release advice for financial advisers
  • Equity release scheme drafting
  • Equity release conveyancing

Our Private Client team can also assist with inheritance and succession planning alongside equity release.

Not only can we assist homeowners, but we also work with equity release companies as well during transactions to ensure they can secure a legal charge over the property once the loan is taken out.

Equity release requires specialist advice from a team of solicitors you can trust. To find out how we can help you to release equity from your home, please arrange an initial consultation with Joanne Tappin by emailing joanne.tappin@mackrell.com or calling +44 (0) 207 240 0521.

 

Meet the expert
Joanne Tappin profile image

Joanne Tappin

Solicitor
London