Equity Release – Conveyancing

Within Tees Equity Release Department, we have specialists in Equity release conveyancing who are able to assist in buying and selling using equity release to finance the move or in transferring an existing scheme to a different property.

Being part of a full service law firm benefits the Equity Release Department who are assisted in the smooth completion of cases by other departments as and when needed, such as the Trusts & Estates Department, Family Department and many others.

What is the conveyancing solicitor’s role?

Tees conveyancing solicitors play an important role in the process and they get involved once your lender has written to you to say ‘yes’ – they would like to lend you the money – which is called a ‘formal offer’.

We Will:

check your identity, (to comply with Money Laundering Regulations).
meet with you face to face as required by standards set out by the Equity release council before you take out an equity release plan.
ensure that all your property paperwork is in place. (such as checking your title deeds, or that you have adequate buildings insurance in place).
If you are paying off your existing mortgage with your equity release funds, we will also take care of that for you.
Finally, we will agree your completion date with your lender and arrange for the transfer of the money to your bank account.

What to do next

Equity release is a big step, and our experts will help you decide if it's right for you. We'll look at the big picture, and come up with a strategy that really works for you.

Our specialist lawyers are based in: