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Our award-winning conveyancing specialists will act in your best interests and guide you step by step through the process. We have the experience and understanding to take the stress out of releasing equity from your home or other property. We will make sure that you fully appreciate all the legal aspects involved and we will keep you informed with jargon free updates.
Whether you are coming up to retirement, want to make home improvements, help out your children or need legal advice about drawdown lifetime mortgages, home reversion plans or home income plan, we are here with the expertise and experience.
We are an accredited member of the Law Society’s Conveyancing Quality Scheme. The Conveyancing Quality Scheme (CQS) is a recognised standard for quality residential conveyancing.
If you are thinking of releasing equity from your home or other property, do not hesitate to contact us to discuss in confidence and with no obligations. We can take you through your options and guide you right through to the finish line to realise your plans. Birchall Blackburn Law is a specialist in equity release schemes and helped hundreds of people every year. We are a founding member of Equity Release Solicitors Alliance (ERSA) as well as members of the Equity Release Council.
Our friendly and experienced team provides helpful, independent legal guidance in plain English, on the process of unlocking the value of your greatest asset – your home. We will find out what type of equity release plan is right for you. We take into account your plans and expectations for your retirement lifestyle. We guide you through each step, right up to completion, and keep you fully informed along the way.
We have the expertise to help you with a lifetime mortgage, which is where you take out a loan secured against your property. This means you still get to keep your home and you can even put aside some of the value of your property as an inheritance for your family.
Our award-winning team regularly set up home reversion plans, if you need to pay for your care and you want to stay in your home. You can choose from a lump-sum payment or regular monthly payments throughout your life.
And we can help you release a cash sum from your property with a home income plan. You can use this to buy an annuity, giving you a monthly income. All you have to do is pay interest on the loan, either all at once or when you receive your monthly payments.
Equity release is like a mortgage but instead you borrow a lump sum of money against the value of your property, however you can still live in your home or other property until you die or move to a care home.
Equity release schemes are protected by the Equity Release Council and regulated by the Financial Conduct Authority.
It is a requirement for equity release that you seek independent legal advice. It is important to take legal advice from a specialist conveyancer or solicitor when you’re considering equity release. This will help ensure that you understand the potential legal consequences and the impact it might have on your estate or Will.
There is no tax on the money released from an equity release scheme and you will retain 100% ownership of your home or other property.
The most common type of equity scheme is the Lifetime Mortgage. This allows you to release a lump sum from the value of your home or property but you will still hold 100% ownership. The lump sum plus the interest is repayable from your estate upon your death or if you are forced into long term care.
Friendly staff. I’ll recommend the practice to our friends!
Service was exceptional. Felt at ease.
Friendly, reliable and courteous service. Clear info given.
Done very professionally.
Always very helpful and kept us up to date with everything.
Exemplary service throughout – keep it up!
Very reassuring that you could cater for our needs.
Very satisfied with Kristina and her team.
Reach out now for a chat and confidential advice – with no obligations – about equity release. Simply call, email or request a call back and one of our award-winning team members will be in touch to help you with your legal needs.