We are equity release solicitors in Exeter. Equity release conveyancing is a specialist area of law and our experienced lawyers can provide advice on the options, risks and issues to consider, as well as making the necessary legal arrangements.
What is equity release?
Equity is the legal term for how much of the property you own. Or, to put it another way, the value of the property minus any outstanding mortgage. Equity Release Schemes are mortgages over your property which allow you to access part of the value of your home either as a lump sum or in smaller payments, without selling the property. You must be over 55 to be eligible for these schemes.
We’re here to help
As mortgaging your home in later life can potentially affect the size of your estate when you die, this can be a sensitive subject for you and your family. With our experience we can guide you through the pros and cons of this type of borrowing to help you decide whether this is right for you and your circumstances.
We are always up front with our equity release conveyancing fees, so you can be confident that there will be no hidden costs. Contact us for a personalised quote or to book an initial consultation.
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