Transfer of equity
The transfer of equity is where a person either wants to add or remove a name from the Title of a property, as in the case of a marriage or separation. If you're not changing mortgage company, it's likely that you will need the consent of the lender to add or remove a person to their security.
Equity release
Equity release is becoming increasingly popular as a means to raise additional funds for things such as home improvements, weddings and holidays. It can also be used supplement your retirement or to help pay for any care fees should the unfortunate need arise.
Equity release allows you to unlock the capital tied up in your home without the need for selling the property and our solicitors will help you to select the equity release plan most suitable to you and your circumstances. We’ll advise as to the implications of taking on an equity release plan, which will reduce the value of the assets inherited by your family but could also reduce the amount of inheritance tax paid by your estate after your death.
Take advantage of a free initial consultation by calling us now on 0800 158 4147 or use our enquiry form to find out more.
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