Equity Release
Equity Release
Many retired people who have a limited income are living in properties which have increased substantially over the years and may wish to release some of the equity in their homes. Vanstone Law will work on your behalf to make sure a plan is in place for you when you need it.
Residential Conveyancing
Equity Release
Equity release plans/lifetime mortgages/home reversion plans are simply a mechanism for releasing cash from your home. These schemes allow you to borrow money against the value of your home with no monthly repayment and with the debt being repaid from the sale proceeds after your death. A charge is placed over your home and registered at the Land Registry.
There are a range of different schemes offering lump sums and/or regular income, but essentially they lend a sum of money against your home’s value in return for a share of the proceeds when you die or sell the property.
In most cases you will need to be at least 60 years old, have no existing charges against the property or these would have to be repaid, and own a property that when surveyed is valued at the right value for the mortgage company.
Equity release will not suit all persons and it is therefore essential that you take independent financial advice before proceeding. It can be complicated to put together a plan and this should only be done by someone who is highly experienced.
Versus Law Solicitors have experienced conveyancers who will meticulously work on your behalf to ensure that the correct plan is in place for when you require. We know that sometimes this can be a delicate matter and we will handle your concerns with sensitivity and consideration.
GET IN TOUCH
Contact Vanstone law using the contact form or via the following details and we’ll be in touch to let you know how we can help:
“Really good customer service. Responded quickly to minimise delays throughout the conveyancing process. I thought you were very efficient and handled all matters to a very high standard. Would gladly recommend you!”
Chaudhary
“The service is good. Mazhar did an amazing job with my case. He would contact me if I have missed anything to sign and would ensure that he would take the time to explain everything to me, providing the best service. I received a good settlement and the service was really good.”
W.Habib
“Vanstone Solicitors were very thorough and efficient with my work. They dealt with my Immigration matter and quickly sorted all aspects of my application. They got me the results I wanted. I will defiantly use them again for other matters. ”
M.Azad
“I have used Vanstone Law twice in the past few years and am incredibly impressed not only by their professionalism and efficiency but the speed of their responses to any queries, which is something that is so important when dealing with any legal matter. Highly recommended!”
D.B
“Really good customer service. Responded quickly to minimise delays throughout the conveyancing process. I thought you were very efficient and handled all matters to a very high standard. Would gladly recommend you!”
Chaudhary
“The service is good. Mazhar did an amazing job with my case. He would contact me if I have missed anything to sign and would ensure that he would take the time to explain everything to me, providing the best service. I received a good settlement and the service was really good.”
W.Habib
“Vanstone Solicitors were very thorough and efficient with my work. They dealt with my Immigration matter and quickly sorted all aspects of my application. They got me the results I wanted. I will defiantly use them again for other matters. ”
M.Azad
“I have used Vanstone Law twice in the past few years and am incredibly impressed not only by their professionalism and efficiency but the speed of their responses to any queries, which is something that is so important when dealing with any legal matter. Highly recommended!”
D.B
Advice from our legal experts
Vanstone Solicitor’s specialists team has the experience and the expertise you need.
Call us now on or email us on and we will be in touch.
*A free consultation is only redeemable once, and is limited to 20 minutes.
Advice from our legal experts
Vanstone Solicitor’s specialists team has the experience and the expertise you need.
Call us now on or email us on and we will be in touch.
*A free consultation is only redeemable once, and is limited to 20 minutes.