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01242 500860 info@tivoli.legal

I inherited my home. Can I still obtain Equity Release?

Subject to the property itself being accepted as suitable for Equity Release yes you can, however the transaction is likely to be more complex and therefore will probably take considerably longer than a standard transaction. The exact time estimate varies depending on...

I have a leasehold property; can I get an equity release?

Subject to the terms of the lease being acceptable to your proposed lender, yes you can. All service charges etc. will need to be paid up to date and the terms of your lease complied with. Occasionally ground rent charges may exceed threshold levels which means that a...

Why is Equity Release different to a normal mortgage?

Equity Release is intended to be a lifetime product where the value of the debt increases over the term of the loan. Therefore, the checks and measures that lenders have are different because the lender will need to be repaid at the end of the term and wish to...

Why do I need a Solicitor to act for me?

The Lenders have stringent lending criteria that must be met for them to lend on your property. An expert equity release solicitor will, through their experience, be aware of the requirements and will identify all documents required at the outset of the transaction to...