5 Facts About Life Time Mortgages
An overview of the basics.
MORTGAGES WITH A DIFFERENCE - The fun bit:
These are less usual mortgages that are also sometimes called equity release mortgages. The idea is that you borrow money without making monthly payments. Instead, repayment with interest is usually made when you sell the property or upon the death of the owner.
There are more issues to understand with lifetime mortgages and more often than not, your lender will want your lawyer present when you sign on the dotted line. Your lawyer will need to explain the legal details to you, so don’t be fooled by anyone claiming that they can advise you over the telephone to cut costs.Our lawyers always meet up with clients who wish to arrange lifetime mortgages. One reason for this is that many clients who choose this form of lending are at a later stage in life, and we like to make sure they understand everything before committing.
Our lawyers will also visit you in your own surroundings to make sure you are comfortable and at ease asking questions. So if you have spoken to your financial adviser and you think that this type of mortgage is for you, give us a call and we’ll help you through the process.
WORKING ACROSS THE WHOLE OF THE UK
…As the prices fluctuate due to regional or very specific local issues we pride ourselves in keeping you the client in the best position to buy or sell. Conveyancing has become more complex and huge amounts of money can be gained or lost dependent on having the right team to support and represent you.
With the support of our professional advisers and business partners we can keep you in the best position regardless of where your conveyancing transaction. Our Solicitors can call out to visit you and we can even arrange for some local financial advice or estate agent if you require a wider appreciation of the local market you are selling or buying in.
No matter where you are wishing to buy your property your Conveyancing Solicitor can be there for you. With home or work place visits and local advice we can ensure that your legal position is secured and your interests are fully represented. Ensure you appoint the best team to represent you.
We have built on the comprehensive legal service by organising home of work place visits. Local knowledge is never lost and is one of our great benefits regardless of where you are located. Why not have the full service, and at a reasonable cost. We have built or service on providing results without loosing site of how important keeping the conveyancing fees to a level where you the client can get a great service without the high end legal costs.