Equity Release Plans Legal Advice
Equity release plans – also called lifetime mortgages, home reversion or home income plans – are a way of releasing cash, whether to buy that new car, to pay for a holiday or home improvements, or simply to make daily life more comfortable. These schemes essentially allow you to borrow money against the value of your home, with the debt being repaid from the sale proceeds after your death.
Equity release plans can be complicated products and are a major step for many people. Your house is almost certainly the most expensive asset you own; it is also your home.
We can provide advice and assistance to those taking out an equity release mortgage, going through the mortgage terms and conditions, to ensure that the product is right for you beforehand and ensuring that the transaction is progressed swiftly and professionally.
Please contact freephone 0800 854379 for a quote today.