
Releasing Equity
At Poole Alcock, our property lawyers can advise you on the pros and cons of your chosen equity release plan.
Our Services Conveyancing QuoteAt Poole Alcock, our property lawyers can advise you on the pros and cons of your chosen equity release plan.
Our Services Conveyancing QuoteYour home is likely to be one of your biggest assets, with the majority of your money tied up in it. Equity release schemes can make your property work for you, by allowing you to continue living in your home while releasing some of your money to fund a more comfortable retirement or enjoy helping your family financially.
Equity release could be the right choice for you if you own your home, are aged 55-95 and live in England or Wales, but it is important you take independent financial advice before deciding whether or not this is for you.
Exchanging some of the equity in your home in return for a cash lump sum is a significant step that can have serious implications for your future. These range from the effect a cash lump sum will have on your entitlement to state benefits, to the impact of a compound interest mortgage on the legacy you hope to leave, or the tax implications for your loved ones if they receive a gift of cash. Taking independent legal advice and separate independent financial advice is imperative.
At Poole Alcock, our property lawyers in Cheshire can advise you on the pros and cons of your chosen equity release plan, be it a lifetime mortgage or a home reversion plan, giving you independent legal advice on the best way to achieve your goals.
Please submit your information and a member of the Poole Alcock team will respond to you as soon as possible. If you have a quick question, please feel free to call 0800 389 7093
Poole Alcock LLP is a Limited Liability Partnership and is authorised and regulated by the Solicitors Regulation Authority. Registered in England and Wales at: 2nd Floor, 34-36 High Street, Nantwich, Cheshire, CW5 5AS. Telephone: 01270 625478. LLP registration number 0C310420 Poole Alcock LLP has offices in Alsager (SRA No: 408249), Congleton (SRA No: 408248), Crewe - Nantwich Road (SRA No. 639144.), Nantwich - The Dowery (SRA No: 408250), Nantwich - High Street (SRA No: 408247), Sandbach (SRA No: 408252) and Wilmslow (SRA No: 654460). The firm's VAT number is 278 8524 07. A list of members is available for inspection at any of our offices. We use the word "partner" to refer to a member of the LLP. All solicitors are subject to rules and principles of professional conduct. The SRA Standards and Regulation including our code of conduct can be found at SRA | SRA Standards and Regulations | Solicitors Regulation Authority
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