Equity Release Matters
We understand that as you enter the later years in life, you may wish to benefit from the seeds that you have sown. As such we are able to assist you with your equity release matter in order to realise the equity in your home. Most equity release schemes operate so that an agreed amount of interest is payable for the amount released, which if often quite a bit higher than standard mortgage interest rates. This is due to the fact that there is no certainty for the Lender when the money will be repaid.
The equity release company will usually place a cap on the amount that is repayable to them, either on the sale of the property or if you need to go into a nursing home or upon your death. We appreciate that this is a very sensitive matter and as such we are happy to provide provisional advice relating to Equity Release matters.
For further information or to discuss an Equity Release matter please contact Kelly Cirillo, who being part of our property law solicitors has specialist knowledge in this field on 020 8646 4885 or email her at Kelly@p-llp.net.