We appreciate that sometimes you need to access the equity tied up in your home. You may want to extend your home, go on a holiday, pay for a wedding or need the money for life’s expenses. Your home is probably one of the most valuable assets you own and our property team can help you release the equity whatever your reasons.

The equity in a property is the difference between the value of the property and any amount owed on mortgages or charges that are held on the property. Equity release schemes enable you to release some of the equity from your home without moving house.  You can release part of the equity through a scheme and release the remaining equity once the property is sold. Most schemes will require you to be at least 55 years old, have no outstanding mortgage and own a property in reasonable condition.  We can advise you on the scheme together with the advantages and disadvantages.

Equity release schemes can often be complicated and are a big step to take. There are many procedures that must be followed before you can release the equity in your property. We understand that the procedures surrounding equity release can sometimes seem confusing. We will advise you about the implications of equity release and the effect to your inheritance and any means tested benefits.

Our experienced property department can explain fully explain how you will be effected and the best way to get your funds whilst protecting your interests.

Contact Us Now

For further information or to arrange an appointment contact a member of the property team on 0115 9 100 200 or email enquiries@actons.co.uk or fill in the contact form below.