Equity release transactions can be more intricate compared to standard re-mortgages due to lender’s additional requirements because this is intended to be a lifelong financial commitment. Our expertise lies in anticipating and comprehending these lender requirements,...
Our process begins with a comprehensive fact-finding session with our solicitor who will ask you a series of questions about the property and your personal situation. This helps us determine if there are any potential complexities. Additionally, we conduct a thorough...
Each case we handle is unique, and the timelines are contingent upon the details of the property title. Typically, when applicants hold a standard residential mortgage with a mainstream lender, and all parties are listed on the property title, the process can be...
Yes, with a lifetime mortgage you remain the registered property owners. If you have a home reversion plan, then you have sold some or all your property to the lender.
Most lenders will require your spouse to transfer onto the title. We can do this as part of the equity release transaction. Alternatively, your spouse may be treated as an Occupier of the property, and they will be required to sign a waiver over their rights of...
Yes, you can. All Equity Release Council approved plans provide for you to be able to move home, transferring the equity release charge to your new home. There are lender restrictions over which type of properties are acceptable, and you may be required to repay some...
