Equity release is a way for homeowners to have access to some of the money that’s tied up in their property, without having to move out of their home. You can then choose whether you want to receive the cash from this equity as a steady monthly income or have it as a big lump sum, giving you plenty of flexibility in deciding what happens with your money.
It should be noted that equity release isn’t for everyone, however, and a decision to release the equity in your home must only be made after fully understanding what it will involve. Failing to plan adequately and making the wrong decision can see you end up with nothing to pass on to your children or leave you in financial chaos.
That’s why it’s crucial for you obtain quality legal advice before agreeing to any equity release.
Good legal advice can make the difference between living in financial comfort and losing so much of what you worked towards for all those years.
At Robertsons Solicitors we’re here to make sure every decision you make concerning your equity release is a smart one. We’ll tell you if you’re eligible for equity release, we’ll explain your options to you, and we’ll guide you through the process in a way that’s both clear and free of legal jargon.
We’re here to help you make the right move concerning the equity release on your property. We’ll make sure you understand the pros and cons of your decision so you can get the outcome you truly desire.