Partner and Head of Wills & Estate Planning at Andrew & Co Solicitors Helen Newson writes...
If you are considering releasing some of the equity in your home our team of experts can guide you through the various issues surrounding equity release schemes.
It is crucial to ensure the rights to your property are not compromised by the scheme you are considering and that the scheme is appropriate to your circumstances. Ideally you should also check that the scheme belongs to the Safe Home Income Plans (SHIP) Code of Practice. You may also need to consider the impact on arrangements made in your Will and how the plan affects your inheritance tax situation. We can explain the benefits and potential problems of these arrangements and how they affect your estate.
Please ring 01522 512123, (Lincoln) 01636 673743 (Newark) and ask for a no-obligation quote as soon as you decide to move home. Our conveyancing team will be happy to advise you.