Equity Release
Access the tax-free cash tied up in your property without having to move. We provide the mandatory independent legal advice required for all equity release plans.
Get a QuoteIndependent Legal Advice
Equity Release is a major financial decision. Our experienced solicitors ensure you fully understand the implications, costs, and benefits before you sign.
Contact UsExpert Guidance for Later Life Planning
Equity release allows homeowners aged 55 and over to release money from the value of their home without having to make monthly repayments.
Because an equity release plan (such as a Lifetime Mortgage) is a long-term commitment that reduces the value of your estate, lenders require that you receive Independent Legal Advice (ILA) from a solicitor who is not connected to the lender or your financial adviser.
At Hetts, we have extensive experience in this specialist area. We act solely for you, ensuring that you are not under any undue influence and that you fully understand the terms of the mortgage deed before you proceed.
- Lifetime Mortgages & Home Reversion Plans
- Face-to-face meetings available (often a requirement)
- Fixed fees with no hidden costs
Why do I need a solicitor?
The Equity Release Council rules state that a client must have a face-to-face meeting (or a video conference in certain circumstances) with a solicitor.
Our role is to sign the Solicitor’s Certificate, confirming we have explained the risks, such as the impact on your inheritance and your entitlement to means-tested state benefits.
The Process Explained
We make the legal side of releasing equity simple and stress-free.
Financial Advice
First, you agree on a plan with your financial adviser. They will issue a formal Mortgage Offer to you and send a copy to us.
Legal Advice Meeting
We review the legal pack and meet with you to explain the obligations. We verify your ID and sign the Solicitor's Certificate.
Completion
We satisfy any final conditions from the lender, pay off any existing mortgage (if applicable), and transfer the remaining cash to you.
Enquire About Equity Release
Contact us for a fixed fee quote for your Independent Legal Advice.
Address
11 Wells StreetScunthorpe
North Lincolnshire, DN15 6HW
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Open Hours
Monday - Friday
9:00AM - 5:15PM