Equity Release Conveyancing
Clear legal guidance when you want to access tax-free money tied up in the value of your home without having to move ASK OUR EXPERT SOLICITORS A QUESTION
Navigate Equity Release Conveyancing with confidence and support
Equity Release Conveyancing is a specialist legal service that helps homeowners aged 55 and over to release cash from their home. It’s essential for anyone navigating this unique transaction to have expert legal and financial support.
At Tivoli Legal, we focus on making the equity release process simple and supportive. We do this by providing clear and caring legal guidance tailored to your specific needs and circumstances.
However, before you come to us, it’s essential to choose and speak with a specialist Equity Release Financial Adviser.
Legal experts
At your side every step of the way
Your Adviser will help you understand whether equity release is right for your circumstances and guide you to the most suitable financial product. They’ll explore all your options to help you make an informed decision that aligns with your financial goals.
Think of it as getting the right map before starting your journey:
- Your IFA provides the financial roadmap
- As Equity Release Solicitors, we handle the legal route to get you there safely.
This approach ensures you’re fully prepared and confident in your choice as we begin the equity release conveyancing process.
We like to get to know our clients well, so if you have any questions at any stage of the legal journey, we are only a phone call or email away.
Book your free discovery call
Our specialist solicitors are waiting to answer your questions about Equity Release.
“I can thoroughly recommend Tivoli Solicitors, they are not like most Solicitors that leave things to the last minute, Tivoli were on the ball from the get-go and even came round my house to witness the signing of documents and deliver them the same day. It was with their help that I had my equity release mortgage completed in less than 2 months [from first meeting my financial adviser]. I am very happy with the service and will use them again.”
– KB
What is Equity Release Conveyancing?
Equity release is a type of mortgage designed for people over 55, allowing them to release value from their home. This tax-free money can be received as a one-time payment, regular income, or a piggy bank to dip into as needed.
Equity release conveyancing refers to:
- A specialist area of property law that handles the legal requirements for the financial products an Adviser recommends.
- The conveyancing solicitor is crucial in protecting the borrower’s interests, explaining complex terms, and ensuring all legal requirements are met.
- The process is essential because equity release schemes can significantly impact inheritance and long-term financial planning.
Homeowners FREE checklist
Before you unlock equity, understand what you need to know before releasing value from your home.
Simplifying Equity Release Conveyancing
Expert legal advice you can rely on
Our expert conveyancing services cover:
- Buying a home using equity release: is a complex transaction than a standard residential mortgage purchase.
- Selling your property: We assist with selling your home, whether you’re purchasing another with equity release, selling standalone, or after your equity release ends.
- Porting your existing equity release mortgage to a new home.
- Re-mortgaging: If you’re switching to a traditional mortgage or a retirement interest-only mortgage (RIO), we provide the legal support you need.
- Lease extensions or freehold purchases: If your lease term is too short for equity release, we undertake the legal work to complete a simultaneous lease extension or freehold purchase.
Once you’ve received financial advice and chosen your product, we ensure everything stands up legally
How the Equity Release Conveyancing process works
We will guide you through the process, understanding the Lender’s requirements and using the equity release funds (if your lender agrees) to fund the premium payable. Our process is designed to be simple, transparent, and reassuring. Here’s how it works:
Financial adviser
Your financial adviser will undertake a thorough fact find with you regarding your financial situation and aspirations. They advise on the options available to you and if equity release is a suitable option for you. If you wish to proceed, your adviser will source the most suitable product for your needs.
Instruct Tivoli Legal
Once instructed a qualified solicitor will take your detailed instructions to assess the complexity of your transaction. We will request any relevant documents and review these. Updating you if there are additional complexities or an anticipated impact on time to completion.
Offer issued
The legal pack is sent to us directly from the lender’s solicitors, usually a day or two after you receive your offer. If you have any queries regarding the offer e.g. interest rate etc. we recommend discussing this as soon as possible with your adviser.
Legal process
Once we are in receipt of the legal pack we will prepare our documentation and invite you to a (mandatory) face to face appointment with a solicitor either at our offices in Cheltenham or arrange for a solicitor to visit you in your home.
Completion
After the solicitors appointment we will request completion from the lender’s solicitors. On notification of the completion date, we prepare completion statements and seek your authority to complete. On completion date, the net funds are sent to us, and we forward these to you after payment of your adviser and legal fees. You can use the net funds as you choose.
Post-completion
Your lender will update the Land Registry title reflecting their charge. You are secure in your home for the rest of your life (or enter residential care). You can choose to treat the equity release as an interest only mortgage by making regular payments or you can allow the interest to compound - you choose.
How to choose an Equity Release Solicitor
Our Guarantee
We guarantee you will have a qualified solicitor managing your case, providing guidance and support from beginning to end. And we have a “no completion, no fee” approach, ensuring that if, for any reason, the completion doesn’t proceed as planned, you won’t incur our standard equity release fees.
DID YOU KNOW...
As a homeowner, it’s a mandatory legal requirement to have YOUR OWN solicitor for equity release, and it's your choice who represents you...
Equity Release Solicitors doing things differently
Welcome to Tivoli Legal
We are committed to setting a new standard in the world of equity release solicitors for homeowners and financial advisers. We stand apart by prioritising your experience above all else.
We combine the latest technology with over 80 years of collective solicitor expertise to ensure a seamless and efficient process. We provide a personal touch that fosters trust and confidence, ensuring that your journey is smooth and stress-free. Read more about why our clients choose to work with us.
Our fees
We know nobody likes a surprise on fees at the end of a matter. We give transparent pricing on a fixed fee basis that includes VAT and standard disbursements (money-laundering checks, land registry title downloads, guaranteed next day post, bank transfers and file archiving).
In our first welcome call, we anticipate additional Lender requirements and will inform you of any additional costs that arise from the extra work.
If the Lender does not raise the anticipated queries, then we will not charge for work we do not do. Similarly, if an unforeseen special condition is attached to an Offer additional work will be required which we will discuss with you as soon as we are made aware of it.
Read our blog: The Cost of Equity Release
Why choose Tivoli Legal?
Reasons to work with us
Qualified specialists with 80+ years experience
We understand the unique requirements of lenders and clients, and we are skilled in all aspects of equity release and legal conveyancing. We know that every case is unique, and use our expertise to provide tailored solutions that work specifically for you.
Our friendly team of solicitors are all experts in equity release. Combined, we have practised as qualified solicitors for over 80 years of post-qualification experience.
A qualified and experienced solicitor will manage your case from start to finish. This ensures a smooth transaction process and reassurance that you have access to our full expertise at all times.
Accuracy and complex cases
Our reputation has been built on our unwavering commitment to precision and attention to detail, especially in three critical areas: conducting accurate case assessments, accurate predictions of lender requirements pre-offer, and providing realistic time estimations.
We are adept at identifying and resolving any complexities at an early stage to ensure there are no delays. For example, transfer of equity, matrimonial situations, bankruptcy issues, purchasing with equity release, etc.
A streamlined process
Transactions have been streamlined with our user-friendly app. We keep you and your adviser up to date all the time, ensuring that we are prepared and ready to progress your offer once received at your pace.
Our user-friendly app simplifies transactions: 24/7 access to complete forms, verify identity, upload/download documents, e-signature and live case updates to streamline the process and keep you informed. However, we will do it your way and adapt to your communication preference.
Personal service and empathy
Transparent pricing with fixed fees
Authorised and regulated
- We are authorised and regulated by the Solicitors Regulation Authority (SRA).
- We are proud members of the Equity Release Council.
- Law Society Conveyancing Quality Scheme accredited.
Talk to us about Equity Release Conveyancing; it’s free!
At Tivoli Legal, because we have a deep understanding of Lender requirements, we navigate the conveyancing process for you in a clear and efficient manner, ensuring a smooth and stress-free experience. Whether you’re ready to begin or need more clarity, we’re here to help.
Frequently asked questions
Do I need a solicitor for equity release?
Yes. However, you need to see a Financial Advisor to receive advice on the best financial product for your needs. Once you have done this, an Equity Release Solicitor can advise you on the legalities.
Can Tivoli Legal work with my lender?
How long does the legal process take?
Typically 4–6 weeks, though more complex cases may take longer. We’ll keep you informed throughout. As the lender and freeholder are separately represented, the process can be lengthy (circa. 4- 6 months), and a re-offer for your equity release offer may be required.
What's the cost?
We offer fixed fees for equity release conveyancing. You can read more about this in the Cost of Equity Release blog article. Please feel free to contact us for a personalised Equity Release Conveyancing quote.
Examples of our work in action
Expert Equity Release Conveyancing for a Historically Significant 17th-Century Thatched Property
Navigating the complexities of non-standard construction with precision and expertiseBackgroundOur clients were seeking equity release on their beautiful, historically significant two-bedroom home, originally constructed in the late 17th century (circa 1697). The...
Correcting Land Registry Title Plan errors
What happens with Lifetime Mortgages when the Land Registry makes a mistake?BackgroundAccurate Land Registry records are the foundation of any property transaction. The Title Plan (an official map showing a property's boundaries, size, shape, and location) works...
Property Wealth to Fund and Achieve Early Retirement
Predicting lender requirements to achieve fast completionsBackgroundDuring a casual conversation with her hairdresser, Mrs A had an epiphany that she was working to supplement the couple’s income to enjoy life’s little luxuries: meals out, theatre and an overseas...
Saving a Vulnerable Client from Eviction in Just Two Weeks
How we prevented an eviction in record timeBackgroundAt Tivoli Legal, we were proud to support this case involving a vulnerable 79-year-old gentleman who was facing imminent eviction from his home of 25 years. With less than two weeks until the locks were due to be...
Empowering Generations Through Equity Release
Unlocking £2M to fund six grandchildren's private education from a £6M London propertyBackgroundA London couple owned their home since the late 1950s. The property value had grown to £6 million. They wanted to create opportunity and legacy for their family while they...
Using Equity Release to Help Family
“The greatest joy was seeing my grandchildren thrive in their new home – knowing I’d made it possible.” – Mrs C. The Challenge When Mrs C first came to Tivoli Legal, her love for her family was clear—and so was her dilemma. Living independently in her cherished...
Swift Equity Release Process – A Case Study in Efficient Legal Services
Mrs. V had been struggling with debilitating back pain for years. Frustrated by the NHS delays she decided to explore alternative options. This case study highlights the rapid Equity Release mortgage process that allowed her to swiftly book and undergo her life...
A Coastal Retirement Dream Realised
Our client approached us with a dream of retiring to a picturesque coastal property. He had already embarked on the journey of purchasing the property however, his path to this dream took an unexpected turn as he ventured into the realm of equity release mortgages....
A Complex Property Case Solved
Our clients had spent many wonderful years in their magnificent Georgian manor house nestled in the picturesque Brecon Beacons, where they raised their family. As the children grew and moved on, it became clear that their beloved home had become more spacious than...