Equity Release Solicitors | Waldrons Solicitors

Once you have taken independent equity release advice and decided on the equity release product, you will be required to take legal advice on the terms of the equity release and for an equity release solicitor to deal with the legal documentation before obtaining the funds.

Equity Release

FAQs

Why do an Equity Release?

You may wish to use equity release, for example, to:

fund your lifestyle
reduce the value of your estate for inheritance tax purposes
fund home improvements
help your children financially

What is the Equity Release process?

The main steps of the equity release process are as follows:

After you have taken independent financial advice, we will take your instructions including how you came to the decision that an Equity Release mortgage is the right choice for you
After receiving the offer from your Lender, we will advise you on the terms and effect of taking out the mortgage
We will deal with your Lender’s legal representatives, addressing any issues that may arise
When it is clear that you are certain you wish to proceed and, when the Lender’s requirements are met, we will arrange for completion to take place
We will receive the funds from your Lender and then pay those to you
We will keep you updated throughout the matter and, with your consent, we will also keep your financial adviser fully appraised of progress

Cost of Equity Release?

We offer fixed fees meaning that you will always have the peace of mind that regardless of the time we spend on your matter the cost will not increase. Please contact us here for a detailed estimate.

Flexibility We are available for appointments at your home, at hospital or another location that’s convenient for you.

Dedicated You will have direct access to a Legal Advisor throughout your matter.

Established We have over 150 years’ experience in providing specialist legal advice representing individuals.

Costs We are clear on costs 100% of the time.