Following on from Key Retirement’s call for more conveyancing firms to provide specialist equity release services, six law firms have stepped into the ring to offer independent legal advice in this growth market.
Midlands-based Martin Kaye Solicitors has joined forces with BPL, Shakespeare Martineau, Gordon Brown, Glanvilles and Cavendish Law to offer a nationwide equity release service that guarantees a face-to-face meeting with every client. All firms share the same philosophy when it comes to equity release and will combine their expertise to adopt consistent service levels and quality advice. The collective known as Equishield will be launched in December and rolled out in 2017.
At launch, Equishield will specialise in providing independent legal advice to the consumer, rather than acting behalf of lenders.
