Rainer Hughes

Equity Release

Equity release enables you to release cash tied up in your home if you are over 55 years of age.

The amount you can release is based on your age and the value of your home and cash released will be tax free.

Cash can be released by a way of a mortgage secured on your principal residence. You retain ownership but instead of making regular monthly payments of interest on the mortgage of your property, but the interest is rolled up until your home is sold.  

Alternatively, you can sell part or all your home to a “home reversion provider” in return for a lump sum or regular payments against the value of it. Nowadays, Equity Release is used to provide comfort in retirement or a capital sum to assist loved ones to get onto the property ladder.

Whichever form of equity release you choose, you can continue to live in your home until the last surviving borrower dies or moves out of the home and into long-term care. We would always advise our clients to obtain advice from a financial adviser before instructing us in this matter.

Key Experience

Acted for high-net-worth clients on property transactions in London.

Advised investors on purchase and disposal of their property portfolios.

Advised on commercial lease transactions including acquisition and disposal of shops, restaurants, and offices.

Advised clients on acquisition of a hotel, part of a franchise at West End.