Jersey equity release solutions to empower your future plans
If you are looking to access the value tied up in your Jersey property, Parslows LLP provides clear and reliable legal support throughout the equity release process. We manage all documentation provided by your lender’s lawyers and coordinate directly with them to ensure everything progresses smoothly and without delay.
Equity release allows you to unlock funds from your property without selling it. Many clients choose this option to finance home improvements, support family, or simply enjoy greater financial flexibility in later life. Whatever your reason, it is essential to have experienced legal guidance to ensure the process is handled correctly and your interests are fully protected.
When you instruct Parslows, you can expect a service that is both practical and personal. We review all security documents provided by your lender’s lawyers, explain the terms in plain language, and make sure you understand the implications before signing. Our role includes confirming that your property title is suitable for the lender’s security, preparing the necessary certificate of title, and ensuring that all legal requirements are satisfied.
For freehold and flying freehold properties, the lender will usually require a charge to be registered against your property in the Royal Court. This means that if you decide to sell in the future, the lender must be repaid before the property can be transferred. For share transfer properties, the process is different: the lender will typically hold your share certificates as security until the loan is repaid. We will guide you through these steps and ensure everything is completed accurately and on time.
Equity release can also have wider implications for your financial planning. We will advise you on the legal aspects, including how the arrangement may affect your estate and why it may be sensible to review or update your Will. While we do not provide financial advice, we work closely with your advisers to ensure the legal process aligns with your overall objectives.
We liaise directly with your lender and their lawyers to keep the process moving. This includes arranging for the registration of charges, confirming insurance requirements, and ensuring that all conditions are met before funds are released. Our aim is to make the process as straightforward as possible, so you can focus on your plans without unnecessary stress.
Most equity release transactions in Jersey can be completed within two to three weeks once the lender’s security documents are available. We will keep you informed throughout and work to avoid any delays. If you have specific deadlines, let us know and we will do everything we can to meet them.
At Parslows, we believe in transparency and clear communication. From the outset, we provide a full breakdown of legal fees and any other costs, so you can plan with confidence. If you have questions at any stage, our approachable team is just a call or email away. We are here to provide reassurance and practical advice whenever you need it.
Whether you are releasing equity to improve your home, support family, or achieve other financial goals, Parslows LLP offers the expertise and personal service you need. Our residential property lawyers have extensive experience in equity release transactions and a reputation for delivering exceptional service that is timely, accurate, and friendly.
If you are considering equity release in Jersey, contact Parslows LLP today. We will ensure the process is handled with care and efficiency, giving you peace of mind from start to finish.
