If you are looking to convert part of your home’s value into readily available cash, an equity release plan can be a good option: as long as you get the right legal advice.
An equity release scheme allows you to enjoy some of the cash that would be generated by selling your home, without actually selling it. There are many reasons why people choose to release the equity from their homes:
• To pay for a large expense
• To generate capital to purchase other assets
• To boost retirement funds
• To carry out home improvements
Equity release is an effective way to generate money from your assets. However, given the various legal complexities, it is essential that you seek legal advice from a professional equity release solicitor.
Our experienced solicitors in South Wales will help you consider some of the things that you might otherwise overlook. Contact our team today to see how we can assist.
Harding Evans is a trading name of Harding Evans LLP, a limited liability partnership, registered in England & Wales (registered number: OC311802), authorised and regulated by the Solicitors Regulation Authority (SRA number: 419663).