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The legal profession's view of Equity Release
If you are considering equity release but would still like some extra reassurance, then please look at some of the following comments made by leading legal lights in the area of equity release and issues surrounding the elderly client market.
“Many pensioners are currently living in a cash poor-asset rich environment. If you take both independent financial advice from a financial adviser, specifically qualified in this area and obtain the necessary independent legal advice to explain the way in which the product works, equity release can safely provide a lifeline to those persons who do not wish to downsize and move out of a treasured family home”.
Claire Barker – Rickerby’s “Equity Release” includes home reversions plans and lifetime mortgages. To understand the features and risks ask for a personalised illustration |