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.
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:

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Advice from our legal experts

Vanstone Solicitor’s specialists team has the experience and the expertise you need.
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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.