Equity Release is a lifetime mortgage which will provide you with either a lump sum of capital or a monthly income from your property, without having to sell it!
You may choose to release equity from your property for a number of reasons including:
• To purchase a second home
• Help to pay for home improvements
• Repay current mortgage(s)
• Allow for a retirement fund
• Make a gift to family members
After you have spoken with a financial advisor who has recommended a suitable equity release product, you will need to instruct a solicitor, who will advise you on your chosen product and help you decide whether to proceed or not.
Equity release is regarded as a niche area of legal work. There are pros and cons to the various products. At Pardoes we have expertise in this specialist area of law, along with a first class track record of helping people release equity from their property.
We have experienced Conveyancers who will handle your matter, taking the time to help you make the right decision.
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