Conveyancing firm Goldsmith Williams has announced it will provide a dedicated legal service for equity release borrowers and brokers.
The firm says the new service will offer a team of equity release specialists to ensure a faster turnaround for cases.
The service, called GW Lifetime, guarantees a 20-day turnaround on all equity release conveyancing services, compared with an industry average of 25 days.
Goldsmith Williams says rules from the equity release industry body, Safe Home Income Plans (SHIP), mean consumers must take impartial legal advice, and believes its specialist service will offer greater protection for consumers.
“Equity release is not just another mortgage product,” says senior partner Eddie Goldsmith.
“Brokers have an even greater duty of care towards elderly clients, which means putting them in touch with solicitors who have genuine expertise in this area. Goldsmith Williams has that expertise and can provide a knowledgeable, impartial and fast service for both borrowers and brokers.”
In addition to quick turnaround, GW Lifetime also offers case progression updates and online tracking through Goldsmith Williams’s existing GW Live system.
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