Equity release - no need to delay


20 May 2020

During these unprecedented times, many people may find themselves pondering their financial future. Property wealth can play a particularly important role in providing financial security, especially for those planning for later life. For this reason, equity release is becoming an increasingly popular way for homeowners to supplement their incomes without taking on additional monthly debt or having to downsize.

Our legal advisers are here to guide homeowners through this process from initial consultation to completion. We would usually look forward to welcoming clients to a face-to-face meeting at any one of our offices across East Anglia and in London but the social distancing measures currently in place require a slightly different approach for the time being - one which does not impact upon our ability to progress transactions.

This does not mean that equity release plans need to be delayed. The Equity Release Council, have confirmed that we can conduct meetings via telephone and videos calls which means that we can continue to provide you with the same expert, impartial advice and guidance to ensure that we achieve the right outcome for our clients.

Our approach involves a combination of written advice and documented video or telephone calls, to ensure that our clients are fully aware of all their rights and obligations.

We are also able to offer expert advice on other estate planning matters including wills, powers of attorney and tax planning. You can be confident that our comprehensive service will be tailored to our clients’ needs allowing flexibility in these uncertain times whilst maintaining the highest professional and ethical standards.

The content of this article is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this article please contact the author in the first instance. Law covered as at May 2020.