A range of products that allow you access to equity (cash) tied up in your home


An equity release enables homeowners over the age of 55 to take out a loan against their property. The decision to release equity in this way has a number of legal and financial implications. Enlisting the advice of a suitably experienced lawyer in this specialist area can help to prevent future problems arising.

With experience in dealing with the various legal aspects of equity releases, our team can help you secure the finances you need. Whether you’re looking to free up equity for your retirement, a home renovation or anything else, we offer the legal expertise needed to guide you through each stage of the process.

Equity release plans come in many different forms. For example, the value extracted from your property may be paid out to you in the form of a lump sum lifetime mortgage, an interest-only lifetime mortgage, a home reversion plan, or as part of a lifetime mortgage with a flexible drawdown cash release. Each of these plans comes with its own benefits and drawbacks, so it’s important that you have access to good quality financial advice and we can assist with this through our trusted advisors.  

What Can We Do For You?

Prettys’ team offers a range of services to help you with an equity release, including advising on the terms of:

  • Lifetime mortgages: As the most common form of equity release, a lifetime mortgage will not require you to make any repayments while you're alive. Although, unpaid interest is added to the loan, meaning that the debt can quickly increase.
  • Interest and lifetime mortgages: Most lifetime mortgages offer the option to pay all or some of the interest, with some allowing you to pay off the interest and capital. Whatever your circumstances, our team can recommend one of our trusted financial advisors to provide you with the information you need.

If you're considering an equity release, our legal team can provide advice. Contact us to see how we can help.

Why Choose Prettys?

Our team draws on many years of experience helping our clients to navigate the legal complexities of equity releases. Tailoring our services to your specific circumstances, our lawyers offer a straightforward and personal approach that ensures you are fully aware of your position and options at every stage.

With your needs and goals at the centre of our service, we pride ourselves on going the extra mile. Where expertise is needed from elsewhere, we are happy to point you towards one of our trusted professional contacts in finance and tax, to ensure your matter runs as smoothly as possible. 

For answers to some of the most common questions on releasing equity in your home, please scroll down to the FAQs section at the bottom of this page.

To discuss any queries you may have regarding an equity release, please don’t hesitate to contact our experienced residential property lawyers on 01473 232121, enquire online or send us an email via enquiry@prettys.co.uk and we’ll be in touch.

Heidi Vanlangenaeker
Senior Associate