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How our mis-sold equity release specialists can help

More and more complaints are arising around equity release issues, particularly in our current economy where finances and cost hikes are drawing attention to equity release schemes.

 

Call us free today to see how we can help you understand your options on 0808 164 0808, or request a call back if you’d like one of our no-win, no-fee experts to call you.

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mis-sold equity release frequently asked questions

What is equity release? toggle accordion
Equity release schemes enable property owners to release wealth that is otherwise tied up in their home. This might, in theory, be to pay off previous mortgage endowment policies, to enjoy additional retirement funds or help family members financially.

How should an equity release arrangement be agreed to avoid issues? toggle accordion
Your adviser should clearly explain the arrangement so you understand what is being agreed to. Eligibility for care should be considered (and whether early repayment charges might be avoided). They should also consider whether money could be obtained in a less expensive way.

How much can I claim in a equity release claim? toggle accordion
Each claim is different depending on the circumstances of the equity release, meaning that the loss suffered as a result will also be different. That’s why it can be difficult to pinpoint exactly what you can claim. But, generally, you will be entitled to be put back into your pre-scheme position. This means that you and your estate (if matters come to light after you have died) may be able to reclaim some of the money you lost in the process of taking out the equity release.

What time limits are in place for equity release claims? toggle accordion
Generally a claim for professional negligence must be issued at Court within six years of the negligence act or omission, or within three years of the date of knowledge subject to a 15 year longstop, if damage is suffered at the point of the negligent act (i.e. the equity release).
Mis-Sold Equity Release Compensation Claims legal services

Our approach to mis-sold equity release compensation claims

  • Advising on how best to seek compensation
  • Understanding your unique situation
  • Working with you to achieve the best possible outcome

No win, no fee professional negligence legal advice

Our professional negligence lawyers are happy to discuss fee options and advise clients under a wide range of fee structures.

To learn more about funding your professional negligence claim click here >

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Our mis-sold equity release experts are here to guide you

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Michael Young

Legal Director

Professional Negligence

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Karim Mohamed

Partner

Professional Negligence

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Mark Beesley

Head of Professional Negligence

Professional Negligence

Get in touch with our no win, no fee mis-sold equity release solicitors today

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Other professional negligence claims we can help with

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Disclaimer

In general you have six years from the date of neglect or omission to act to make a professional negligence compensation claim. However, there are some exceptions to this rule for instance you may bring a claim within 3 years of the date you could be said to have become reasonably aware of the alleged negligence. This time limit is referred to a limitation period.

It is important to speak to a legal team as early as possible to avoid any issues with limitation dates.

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