How can we help you?

Get to know us, discover what we do and start the conversation.

Request a call back

    We're here.
    Leave your details below.
    One of our team will be in touch soon.






    Speak to us now on: 0800 614 722

    Request a call back

    A dedicated team ready to handle your equity release step by step

    Our award-winning conveyancing specialists will act in your best interests and guide you step by step through the process. We have the experience and understanding to take the stress out of releasing equity from your home or other property. We will make sure that you fully appreciate all the legal aspects involved and we will keep you informed with jargon free updates.

    Whether you are coming up to retirement, want to make home improvements, help out your children or need legal advice about drawdown lifetime mortgages, home reversion plans or home income plan, we are here with the expertise and experience.

     

     

    The Conveyancing Quality Scheme

    We are an accredited member of the Law Society’s Conveyancing Quality Scheme. The Conveyancing Quality Scheme (CQS) is a recognised standard for quality residential conveyancing.

    How can we help when it come to equity release?

     

    If you are thinking of releasing equity from your home or other property, do not hesitate to contact us to discuss in confidence and with no obligations. We can take you through your options and guide you right through to the finish line to realise your plans. Birchall Blackburn Law is a specialist in equity release schemes and helped hundreds of people every year. We are a founding member of Equity Release Solicitors Alliance (ERSA) as well as members of the Equity Release Council.

    Our friendly and experienced team provides helpful, independent legal guidance in plain English, on the process of unlocking the value of your greatest asset – your home. We will find out what type of equity release plan is right for you. We take into account your plans and expectations for your retirement lifestyle. We guide you through each step, right up to completion, and keep you fully informed along the way.

    We have the expertise to help you with a lifetime mortgage, which is where you take out a loan secured against your property. This means you still get to keep your home and you can even put aside some of the value of your property as an inheritance for your family.

    Our award-winning team regularly set up home reversion plans, if you need to pay for your care and you want to stay in your home. You can choose from a lump-sum payment or regular monthly payments throughout your life.

    And we can help you release a cash sum from your property with a home income plan. You can use this to buy an annuity, giving you a monthly income. All you have to do is pay interest on the loan, either all at once or when you receive your monthly payments.

    Do you need a solicitor for equity release and other questions answered

    • What is equity release?

      Equity release is like a mortgage but instead you borrow a lump sum of money against the value of your property, however you can still live in your home or other property until you die or move to a care home.

      Equity release schemes are protected by the Equity Release Council and regulated by the Financial Conduct Authority.

    • Do I need a solicitor if I'm thinking of equity release from my home?

      It is a requirement for equity release that you seek independent legal advice. It is important to take legal advice from a specialist conveyancer or solicitor when you’re considering equity release. This will help ensure that you understand the potential legal consequences and the impact it might have on your estate or Will.

    • Will I be taxed on the money from my equity release?

      There is no tax on the money released from an equity release scheme and you will retain 100% ownership of your home or other property.

    • What is the most common type of equity release scheme?

      The most common type of equity scheme is the Lifetime Mortgage. This allows you to release a lump sum from the value of your home or property but you will still hold 100% ownership. The lump sum plus the interest is repayable from your estate upon your death or if you are forced into long term care.

    2628, 2628, ryan-crotty-V7t83TLfBIA-unsplash 1, ryan-crotty-V7t83TLfBIA-unsplash-1-scaled.jpg, 75589, https://staging.birchallblackburn.co.uk/wp-content/uploads/2022/06/ryan-crotty-V7t83TLfBIA-unsplash-1-scaled.jpg, https://staging.birchallblackburn.co.uk/clinical-or-medical-negligence/fatal-medical-negligence-claims/attachment/ryan-crotty-v7t83tlfbia-unsplash-1/, Woman with head on shoulder of man with white hair, 2, We know how vital bereavement damages are to support a family through the sudden and devastating loss of a loved one. , , ryan-crotty-v7t83tlfbia-unsplash-1, inherit, 2616, 2022-06-22 10:12:43, 2022-06-22 10:13:21, 0, image/jpeg, image, jpeg, https://staging.birchallblackburn.co.uk/wp-includes/images/media/default.png, 2560, 767, Array
    Woman with head on shoulder and arm around a man with white hair

    - Did you know?

    In 2022, a total of 93,421 customers took out new equity release plans, made use of drawdown facilities or agreed extensions to existing plans, which is a year-on-year increase of 23%, according to the Equity Release Council.

    Here is what our clients say about us?

    M. Weafer

    Very helpful, attentive, kind and patient.

    CJ

    Very satisfied.

    MJ Hiles

    Everything went well. I felt comfortable talking to the staff.

    AD

    Very good service.

    T. Wood

    All good.

    P. Holt

    Her bedside manner was excellent.

    D. Thursfield

    Inspired confidence

    S. Wilson

    Extremely efficient service.  I was apprehensive about making a Will but Jessica guided me through everything – she explained everything and gave me space to ask any questions.  Would use her again.

    Talk to us

    Reach out now for a chat and confidential advice – with no obligations – about equity release. Simply call, email or request a call back and one of our award-winning team members will be in touch to help you with your legal needs.

    0800 614 722
    enquiries@birchallblackburn.co.uk
    Request a call back
    Lady smiling with cup of tea