Preston Equity Release Solicitors

If you are looking to unlock some of the cash tied up in your home, our Preston equity release solicitors will be happy to talk you through your options.

In general terms, equity release is available to anybody 55 years old or over, and enables you to release some of the equity from your home, without moving.

Equity release is ideal for some people, but less suitable for others. For instance, they can be inflexible if your circumstances change, and might also affect your entitlement to some state benefits.

Of course our Preston solicitors will discuss this with you in more detail.

If you don't have a mortgage, or have a small mortgage, you are likely to qualify for equity release, which comes in two forms.

A lifetime mortgage, which is borrowed money secured against your home, or home reversion plans, which in effect sells off part of your property.

These work quite differently, and have different plusses and minuses, which our equity release specialists will run through with you.

The money can come in the form of a regular income, a lump sum, or both.

In short, everyone's circumstances are different, and there is no 'one size fits all' solution. Our Preston equity release solicitors will be happy to look into your options to find the best deal for you.

Initially, we will need to see evidence of your income, in the form of bank statements, pension statements and any debt repayments. We will then consider your options.

To discuss your circumstances with our team, in complete confidence, call us today. You can speak to us directly using the number below, or if you prefer, complete the online enquiry form to the right and we will get back to you.

Equity Release Solicitors

Preston

Tel: 0845 603 0708