We recommend that you seek independent financial advice, but this may not be essential. This is dependent on the type of plan you hold, should you need help to clarify, please call us to confirm.
If you don't have a solicitor, the Law Society provide a free 'Find a Solicitor' service for anyone looking for information or people providing legal services in England and Wales.
Please visit solicitors.lawsociety.org.uk and enter your legal issue and postcode. If you are in Scotland, you can use www.lawscot.org.uk/find-a-solicitor/ which is run by the Law Society of Scotland.
The solicitor must provide us with an Equity Release Council Solicitor’s Certificate, verifying that they have explained the details of the contract to you and that you understand the terms of that contract. You will be responsible for all your own legal costs and all disbursements. We will pay all of our own legal costs, associated with the transaction.
Yes, it is a requirement of the FCA that you seek independent financial advice when considering releasing further funds from your home.
If you don't have a financial adviser, the following sites can help you find advisers in your local area who are fully qualified, equity release specialists. They are www.equityreleasecouncil.com/member-directory/ or www.unbiased.co.uk
The adviser will discuss all implications involved when proceeding with a further release.