Equity release is a process that allows a homeowner to access the equity, or cash, from the value of their home. It is important to receive specialist advice if you are considering equity release, and our team of experts are here to help you.
Your equity release options and eligibility
We will guide you through the options and provide support in moving forward if you decide that equity release is right for you.
- You usually need to be aged 55 or over to qualify for equity release
- Once the cash is released from the value of your home, you will not be able to rely on it if you need it later
- Your individual situation needs to be considered, because equity release will change your circumstances and financial position
Speak to a Solicitor today
As a Mortgage Broker, we’ve been delighted to work with Stirling Ackroyd Legal to serve our clients who always exceed expectations. – Rainstone Money
As an investor who’s been purchasing properties, I’m glad to say that on this occasion Stirling Ackroyd Legal have been delightful to work with. – Terry Long
I was surprised they have a Polish conveyancer to help with my mum’s property purchase. Made life very easy. – Mateusz Dabrovski
I’ve used Stirling Ackroyd Legal a few times before. The staff are attentive and always advising me on the pertinent issues regarding my matter. – Sally O’brian
I’ve been with Stirling Ackroyd Legal for over 4 years who have managed my commercial and litigation matters. – Syed Ahmed
14Thank you to Stirling Ackroyd Legal’s Corporate team for helping set up my company’s employment contracts. An excellent service. – Alex Bower
Just some of our Residential Conveyancing team
Licensed Conveyancer, Residential & Commercial Property Department
Check Out Our Blog
As part of its ‘Warm Homes for All’ initiative, the Labour Party has announced plans for significant upgrades to UK housing in a bid to create a new generation of green homes. The Labour Party aim to drastically improve loft-insulation and double glazing, reducing a reliance on fossil fuels and creating 450,000 new jobs by 2030 in the process.
Finding your dream home.
It is always recommended to view the property you have your heart set on a second or even third time as you may notice things you didn’t quite catch the first time around. It might be worth having a friend accompany you to get…
The terms freehold and leasehold relate to the process of purchasing a home, and they determine the extent of your ownership. The difference between freehold and leasehold may be confusing to some, although it’s a term worth knowing by those who plan…
During your hunt for the perfect conveyancing solicitor, you are likely to encounter no sale, no fee options. This may sound particularly appealing to many in the home move process; however, it is vital to dispel any misinformation surrounding no sale no fee.
It may look pretty, but Japanese knotweed has been described as “the tarmac-smashing thug invading our gardens”.
Japanese knotweed is one of the most dangerous fast-growing invasive species. The danger of Japanese knotweed does not come from its poison – in fact, the knotweed is..
Mixed use developments are not a new phenomenon, but they are set to revolutionise the market.
In today’s hyperconnected world, convenience and efficiency are at the top of any list objectives. Every day, we move…
For many people, buying a home is their greatest investment. Getting on the property ladder in 2019 may seem like a headache but don’t let that put you off! By breaking down the stages of buying a house, the process of buying your first home…
It is no secret that the London property market is in turmoil. We welcomed the New Year with a new record: the number of homes sold fell to its lowest in a decade. According to Rightmove data, average asking prices are still lower than when they were a year ago in…
A future without technology is almost unimaginable and its impact on real estate legal practices are set to be big. Estimates of a disruption in the field calls for a thorough analysis of how technology will affect the property market. Technology is being seriously considered by the property sector…
Getting along with your neighbours is very important. Whether you prefer to avoid interaction or don’t get along, you will at some point need to rely on the good relations with you neighbours. In times of home renovations, these can often be tested.
According to an online estate agent Housesimple, roughly a third of properties in major UK cities have no outdoor space.
Researchers discovered that gardens and other outdoor spaces were high on the…
As the Bank of England holds-off raising the interest rate yet again, Stirling Ackroyd Legal see how this impacts mortgage rates? Whether you’re borrowing or saving, we’ve been on tenterhooks for months wondering just when the interest rates are going to rise.
Property prices reaching beyond half a million pounds have now spread to the majority of London neighbourhoods, according to a new analysis from Stirling Ackroyd, in the latest London Hubs Tracker:
Property prices break beyond…
Chancellor George Osbourne has presented his budget to Parliament and fifth on the list is a new £4,000 lifetime ISA you can use to buy your new home. From April 2017, any adult under 40 will be able to open a new Lifetime ISA.
London is the most desirable global city for the super wealthy, but with property prices reaching record-breaking levels and ongoing tax concerns, what does the future hold for the super-prime sector? According to Oliver Barns super prime market view report 2016…
We have all been following the news on the Panama papers scandal which revealed many of the world’s global elite. According to the Guardian, which had access to the leaked files, this list includes Sheikh Khalifa bin Zayed Al Nahyan, president of…
Before dreaming of buying that first home where all the first memories are made, we all have to consider the upfront costs which bring us one step closer. For any first time buyer, the costs can be a blur of figures which leave you feeling confused at how much…
Stamp Duty tax is the property transaction tax. The tax is due to be paid on any property which is purchased at more than £125,000. Historically it was introduced in 1694 to raise funds for the war. Over the years, the tax has changed in volume.
Property auctions are becoming more mainstream as buying a house at auction filters out the lengthy and uncertain buying procedures. According to statistics from The Auction Finance, the number of properties sold at auction rose by 78% between…
A bridging loan is a short-term funding option. They are used to ‘bridge’ a gap between a debt due and the main line of credit becoming available. While they are mainly for used for property transactions, bridging loans can also act as a short-term loan in pressing circumstances. They can be invaluable in…
Stirling Ackroyd Legal has partnered with KM Legal Net and their chemistry between is bursting at the seams! The spectacular boutique international Italian law firm was founded in 2015 as the Legal Division of Kenton & Miles Group.
Negotiating a commercial lease can be a tricky business. We at Stirling Ackroyd Legal understand that on top of running a business, this can be quite stressful for you. Remember, leases are not just legal contracts; they also have the potential to make or break your…
Have you heard about the rise in interest rates for the first time in over a decade? Here at Stirling Ackroyd Legal, our expert solicitors are always up to date with the current affairs to provide our clients with the upmost diligent service.
The new proposal announced by the Bank of England has left thousands of buy-to-let investors forsaken. The changes require lenders to consider landlords’ overall finances, wider than just their rental income. Banks and building societies will have to re-assess whether rent charged is…
For commercial Tenants, the Landlord and Tenant Act 1954 is a key piece of legislation. It gives business Tenants the right to “Security of Tenure” and regulates the way in which commercial leases can be extended or ended.The 1954 Act recognises that if…