Releasing money from your property with Equity Release
Sometimes, especially later in life, you may need an additional source of income. Releasing some money from the value of your home while you are still living there is known as ‘equity release.’ This can be an option for asset-rich people who needs additional finances to boost their spending power in specific circumstances. Our team at Robertsons Solicitors in Cardiff can give you unmatched advice in this area, contact us today to start the process.
Some of the common reasons for equity release include:
- Taking an early retirement
- Needing it for medical treatment
- Financing a wedding or
- Helping children
Should you consider taking out an equity release product, you should consult an independent property solicitor. Doing this is a major decision which should not be taken without professional advice.
Our equity release solicitors in Cardiff can advise you on this complicated area of the law and provide expert advice on how to approach equity release.
