Equity Release: What happens next?

At your no-obligation initial consultation, your adviser will take the time to get to know you, your priorities and circumstances

Shot of a senior couple getting advice from their financial consultant at home

Initial consultation

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At your no-obligation initial consultation, your adviser will take the time to get to know you, your priorities and circumstances. Your adviser will discuss all types of equity release and make sure you have considered the alternatives. At your request, they will then find the best equity release plan for your needs.

Second Appointment

Your adviser will give you a full report detailing the best option for your personal circumstances which can include a state benefit report where you can see how your entitlements may be affected if you release cash from your home.

Application

Your completed application form is sent to the plan provider. A survey to assess your home’s value will be requested and carried out by an independent surveyor. We will contact your chosen solicitor to let them know they will be acting on your behalf.

Acceptance

Your plan provider will issue an offer detailing the terms of the plan recommended. This is sent to both you and your solicitor.

Legal Process

All your work will be completed by your solicitor, who will contact you when everything is ready to sign.

Completion

The process from acceptance to completion takes approximately eight to twelve weeks. The equity release funds will be sent directly to your solicitor.

If you would like more information on equity release and how it could help you, then simply call freephone 0808 208 5406 to request a guide or to arrange your free no-obligation consultation.

Lines are open Mon-Thurs 9am–8pm, Fri 9am–5.30pm & Sat 9am–5pm.

All of our equity release advice relates to our range of Key branded products and is completely free of charge. So you can find out if it’s right for you without it costing you a penny. 

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To safeguard your health, our expert equity release advice is now available in full over the phone, so calls us free to find out more on 0808 208 5406