These new rules will apply to a legally binding contract for sale made on or after the 6th April 2020.…
Equity Release Solicitors
Many people find themselves short of money in their retirement years, yet they own a valuable property with little or no borrowings secured against it. The only option may seem to be to sell the property and buy a smaller one, but this may not always be possible or what they want to do.
There are a selection of schemes available that enable money to be borrowed against your home, to provide income or funds to improve your quality of life. Equity Release is the most popular way of raising money against your property – it can also be termed a lifetime mortgage.
Equity release is a choice increasingly made by those aged over 55 years old and with property worth at least £50,000.
More and more people are turning to Equity Release to top up their income; clear their debt; buy a new car; help their children or for important home improvements that will enhance the quality of their life.
Our experienced and knowledgeable Property department have Equity Release specialists who are able to assist in buying and selling homes using equity release to finance the move, or who are transferring an existing scheme to a different property. The process can be complicated, but our team are able to advise and support you through the issues that could arise.
It is important that advice is sought from a financial advisor who is qualified to deal with equity release mortgages, they can help you understand the implications of the loan for both you and your families.
At Rogers & Norton it is our responsibility to advise and support you through the process, to ensure that you have a thorough understanding of what you are undertaking and highlight the legal implications involved. It is important that we ensure that the equity release option is the right route for you and will offer the right benefits for you.
Our specialist team have extensive knowledge and experience in dealing with financial advisors dealing with equity release and have an excellent understanding of a client’s concerns and wishes.
Our equity release solicitors are able to offer this service at a fixed fee of £650.00 plus VAT and disbursements.
What our clients say...
Stephen was extremely professional throughout the process and kept us informed at every stage. Stephen made the house selling/buying process as stress-free as it could be.
Mr B. / Norfolk
I was very impressed with the professional service offered by Stephen Palmer and Rogers and Norton. Buying my first home was a daunting experience but the process was made a lot more straightforward by using Rogers and Norton. I was kept up to date at al times. Documents were clear and easy to read and my queries were always answered promptly whether by phone or email. There were no delays in the house buying process caused by Rogers and Norton and I would use them again and recommend to others. Thank you very much!
Mrs P. - Wolverhampton
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