How Long Does Equity Release Take?

When Do I Get Money from Equity Release?

From start to finish, the Equity Release process typically takes between 8 and 12 weeks. This is because there are a number of stages you need to pass through and various professionals you’ll need advice from.

Equity Release requires you to consult with a financial adviser, a solicitor and to get your house professionally valued by a surveyor, all of which can take time.

There can be quite a lot of paperwork generated by Equity Release, with various documents your mother will need to sign.

With older clients, solicitors and advisers have a particular duty to make sure they have the capacity to make decisions for themselves.

They may also want to have a conversation with you as a potential beneficiary to your mother’s estate. This is to make sure you understand that by releasing equity from her home, she’ll be reducing the amount of money she can leave you from her property.