Conveyancing Solicitors

Home Equity Release Mortgages

Home Equity Release Mortgages

Home equity release mortgages are becoming a more common way for homeowners to enjoy a comfortable retirement. Home Equity Release Mortgages allow you to release some of the value of the equity in your home. This type of mortgage does not require any regular payments. Instead will be paid when the property is sold on the death of the owner.

 

 

If you are considering a Home Equity Release Mortgage we advise that before entering any scheme you seek proper advice from an independent financial advisor to ensure this is the best plan for you.

It is important that you understand all of the options available to you and the advantages and disadvantages for each one, so that you don’t later regret a decision you have made.

Once you are aware of all the options available to you and you are ready to proceed to the next step, it is strongly recommended that at this stage you seek legal advice. Our job is to clearly provide you with all the legal advice you need. Our team will provide you with guidance through each stage of the process.

From applying for the mortgage to dealing with all the paperwork involved. We will also prepare the necessary papers to send to the land registry to show that you now have the mortgage.

We can also provide you with advice on your estate and where necessary assist you with your Will and inheritance planning.

For further information on Home Equity Release Mortgages contact our conveyancing team today.

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    Julie Atkinson Ringrose Law portrait
    Julie AtkinsonDirector & Solicitor
    01529 301300
    Sarah Jackson Ringrose Law portrait
    Sarah JacksonDirector & Solicitor
    01522 561034
    Amanda Green Ringrose Law portrait
    Amanda GreenPartner & Solicitor
    01476 515859
    Bev Kirk Ringrose Law portrait
    Bev KirkTeam Leader & Senior Associate, Residential Conveyancing
    01205 314628
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      General enquiries: 0333 3580 393Your local office: NewarkGranthamSleafordBostonLincoln