Equity Release - Linley & Smith

About Equity Release

You need to appoint your own solicitor to represent your interests, once a financial adviser has recommended a suitable Equity Release plan to you.

A solicitor is required to ensure you receive completely independent legal advice about the risks, rewards and obligations attaching to an Equity Release plan. They will also carry out the conveyancing required to ensure that your new Equity Release lender is able to secure a first legal charge against your property and that any existing secured borrowing has been (or will be) repaid.

Your solicitor will not be able to tell you whether or not a particular product is suitable for you, as this is the role of your financial adviser.

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