More and more homeowners are starting to give consideration to releasing equity from their homes. There are a number of reasons why homeowners think about this – examples are to fund home improvements, or to help family members get on the property ladder themselves.
Most providers of equity release schemes will insist that the client appoints a legal advisor of the client’s choice to advise him or her on the legal consequences of entering into the scheme, and to deal with the necessary conveyancing work. It is therefore essential that the legal advisor understands how these schemes work and what the potential pitfalls are.
We at Swayne Johnson have a great deal of experience of advising clients on these schemes, and just as importantly, can also provide specialist advice on related topics such as Wills, Powers of Attorney and Estate Planning. There are a number of equity release schemes and we have long established working relationships with Independent Financial Adviors who are able to look at all the products on the market. Our Conveyancing Team Select from one of our qualified Solicitors to help you with your legal issue Michael Tree – Director & Solicitor Edward Lloyd – Director & Solicitor Caryl Vaughan – Director & Solicitor Llyr Williams – Director & Solicitor Juana Hunter – Solicitor Arwel Jones – Solicitor