WHAT IS EQUITY RELEASE?
Equity release is the process of gaining access to money that is tied up in the value of your home. There are two main types of equity release schemes:
This lets the property owner borrow a proportion of a home’s value, and interest is charged on this amount. Whilst interest rates can vary with most schemes, nothing has to be paid back within the owner’s lifetime unless they sell their property or go into long term care or of course die.
Home reversion schemes
The owner sells a share of a home for less than the market value, when the home is sold, the provider is paid off. By keeping a share of the home, the owner has the right to live there for the rest of their life and retain some inheritance.
WHY CHOOSE APEX LAW
Direct contact with your equity release consultant. Call, email, meet face to face at your convenience. You work with the same consultant and their team throughout.
Personal service. As a client you will have your own dedicated consultant who will provide excellent quality customer service.
A friendly, relaxed approach. Don’t know what something means ? need to chat face to face, this isn’t a problem, we will do all we can to help.
Reasonable fees. We offer full equity release legal services that take care of all the details, but we are also affordable.
Service throughout England and Wales. The majority of our clients are based in Kent, but with our knowledge we can often work further afield.