Ashfords' Equity Release Department specialises in advising clients on the legal implications of lifetime mortgages and reversion plans, including lifetime interest only mortgages, hybrid lifetime interest only/compound mortgages and conventional lifetime mortgages.
Our award winning team offer specialist advice, working in conjunction with your financial adviser, providing a professional, efficient and friendly service. We are able to provide face-to-face advice at all of our offices as well as a National Service for those clients unable to visit the offices.
Ashfords has been inaugural members of the Equity Release Council and take a prominent role in the Consumer Protection Working Group, the Adviser Board and the Long-term Care Working Group of the Equity Release Council. Ashfords is one of the co-founders of the Equity Release Solicitors Alliance, an alliance of specialist equity release solicitors who adhere to a strict code of conduct.
Ashfords' Equity Release Department offers a wealth of experience and has been specialising in equity release for over 17 years and is at the forefront of the sector. Being part of a full service law firm benefits the Equity Release Department who are assisted in the smooth completion of cases by other departments as and when needed, such as the Trusts & Estates Department, Matrimonial Department and many others.
Within our Equity Release Department we have specialists in Equity Release conveyancing who are able to assist in buying and selling using equity release to finance the move or who are transferring an existing scheme to a different property. This process is a complicated one due to the involvement of the equity release lender but our specialists are experienced in this area and are able to adeptly deal with any issues that may arise.
We are also able to extend your lease, be it through the informal process or statutory process in conjunction with your equity release as well as dealing with the purchase of your freehold.
We sponsored and supported the Great Retirement Money Debate 2016. To watch the short video click here.
I am a long standing fan of Ashfords equity release and have absolutely no hesitation in recommending their services to both clients and fellow advisers, alike.
Their service is consistently very hands on and extremely professional. Nothing is ever too much trouble and they are always contactable and prepared to go the extra mile.
You can be confident that a good job will always be done.
No matter how busy they are or how difficult a case may become, they always remain friendly and helpful and maintain a sense of humour.
Whenever a client is lost as to who to appoint to provide them with independent legal advice, I always direct them to Ashfords and without exception, every one of those clients has been nothing less than delighted with the speed and quality of the service they have received not to mention Ashfords very competitive fees which they will only levy if and when the case completes.
Greville Phillips, Security Financial Services
Advising clients on the legal implications of lifetime mortgages and reversion plans and the associated work.
Buying and selling residential properties using equity release and the transfer of an existing equity release plan to a new property.
Extending your lease/buying your freehold with equity release
Thank you Peter and your team for handling all the legal aspects of my equity release case. At first, I envisaged it would be a long drawn out process but it wasn't at all, it only took 6 weeks in total (including Christmas and New Year). I was impressed with the efficiency of all parties involved and delighted to be paying off my debts after 7 years of struggling.
Ms Helen Kennedy
Brexit - The impact on the...
The Equity Release market has been a rapidly growing market in England with record amounts released last year (£1.6 billion)...
Releasing equity for care
Over the last 10 years, and in particular the last few years, Ashfords LLP has seen a change in attitudes...
Adviser leasehold checklist
As the Equity Release market develops you would rightly expect processes to become more streamlined and requirements simpler; however, we...
Deceased Joint Proprietor
On inspecting the title deeds to a property following instructions to act for a client in obtaining an Equity Release...
To extend or not?
I have touched on leasehold properties on several occasions in my newsletter, and this is a constantly developing area within...