Your Legal Advice
When you decide to go ahead with an Equity Release plan, you will need to instruct an equity release solicitor to take care of the legal work involved.
With Safe Home Income Plans (SHIP) Equity Release Plans, all the legal work involved must be performed by an equity release solicitor who is independent of Bower Retirement Services and the Equity Release plan provider.
SHIP Certificate
SHIP equity release plans can only complete with a signed SHIP certificate from your equity release solicitor. This is an important document that ensures you are aware of the terms of the plan and its implications.
So your equity release solicitor is in the best position to give you an independent legal opinion before signing your SHIP certificate, we explain to them all the details of your chosen equity release plan and give them a copy of your personalised report.
Choosing an Equity Release Solicitor
It is important to choose a specialist Equity Release Solicitor to handle the legal aspects of setting up your Equity Release plan, and the more experience and knowledge they have in this specialist area of law the better because it could lead to substantial savings where both time and money are concerned.
The decision on which solicitor to choose to handle the legal aspects of your Equity Release transaction is completely yours so we don’t recommend any particular firm. However, if you would like details of solicitors in your area that deal with equity release, please contact us.
