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If you're over 55 and looking to access the wealth tied up in your home, equity release could offer a practical solution, whether you need a lump sum, a regular income, or both.
At Porter Dodson, our specialist equity release solicitors are here to guide you through the legal process, ensuring you fully understand the terms and implications before you commit.
Equity release is a type of mortgage that allows you to release money from your home without having to move. The loan is typically repaid only when you pass away or move into long-term care.
Your lender will require you to receive independent legal advice before proceeding. While we can’t advise on whether the product is the best financial fit for you (that’s your mortgage broker’s role), we will ensure you understand:
There are two main types of equity release schemes:
How we can help
Our equity release solicitors will:
- Explain the legal implications in plain English
- Ensure your lender’s requirements are met
- Work closely with your mortgage broker and financial advisor
- Support you from instruction to completion
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Reena Raval is well known as the most knowledgeable and experienced conveyancing solicitor in the South West. That reputation, in our experience, is fully justified. Reena grasped all the issues and negotiated, on our behalf, with ‘the other side’. Reena is kind, efficient and experienced. My wife and I are very, very grateful and recommend her without hesitation.
Nicholas
I have used Porter Dodson over very many years. Their level of personal service, professionalism and understanding is incomparable. I would be very happy to recommend and appoint Porter Dodson for any legal advice. In particular I would like to express my personal thanks to Vicki Thyer who has advised, guided me and given me such confidence through several matters but very recently the recent probate of my late Father. I cannot thank you enough.
Andrew
It has always been a great pleasure to deal with Marie as she is friendly, warm and courteous and what is more, she has always responded promptly to my emails as well as answering any queries I may have had in a most helpful and reassuring manner which I have very much appreciated. Based on my recent experience, I wouldn't hesitate to recommend Marie's professional services.
Catherine
As Executor for my late husband ‘s will, I have been impressed by the service I have received from Porter Dodson Solicitors Wellington. Without exception, I have been treated with courtesy and kindness by the staff members I have had contact with throughout the process of obtaining Grant of Probate. Their professionalism is outstanding and I have been kept informed throughout. I have no hesitation in using their services in the future should the occasion arise. I felt their fees are reasonable and kept to the minimum where possible.
Judith