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Equity Release

Equity Release is a way for homeowners typically over the age of 55 to release a tax free cash lump sum from the equity tied up in their home. Alternatively home owners may opt to receive a regular income for the rest of their life.

Factors such as increasing life expectancy, low interest rates, inflation and a reduction in retirement income have contributed significantly to the demand for Equity Release in recent years.

The most popular reasons for releasing equity include:-

  • Repaying an existing mortgage
  • Home improvements
  • To provide financial assistance for family members or pass on an early inheritance
  • To replenish savings
  • Repaying existing debts and lowering monthly outgoings
  • Inheritance tax planning
  • Assist divorcing couples when splitting assets
  • Funding long term care.

Why Choose Us?

We are able to offer our clients face to face, expert independent legal advice, on all aspects of Equity Release.

We charge a fixed fee of £850 plus VAT which includes a free Will review, and home visits at no extra costs for those clients in the local area who are unable to attend our offices.

If for any reason you decide not to proceed to completion we will waive our fee.

To contact FJG about Equity Release, please contact us on 01206 835261, email [email protected].

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With over 40 years’ experience, Fisher Jones Greenwood is a long-established Essex Solicitors. With nine offices around Essex, Suffolk and London. Phone us on 08455 435 700 or email us and we’ll call you back to arrange a meeting with a solicitor or lawyer.

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