Home reversion Bridgewater Equity Release provider has introduced a new client checklist for inclusion in all its application forms.
It has been designed to help clients and their advisers collate all necessary documentation for the application to complete as quickly as possible and to ensure that the client is able to meet any legal enquiries that may result from the application.
The checklist provides details on the necessary documentation required by the clients’ solicitor and also outlines the documents that the solicitor will require the client to sign including Counterpart Lease, Transfer, Declaration of Trust (in flexible release cases) and Occupational waiver for any occupiers in the property over the age of 17.
Advisers can access and print a copy of the Client Checklist by visiting the new Bridgewater Equity Release <a href="https://www.bridgewaterequityrelease.co.uk/advisers/resources/">website</a>.
Peter Welch , head of sales and distribution at Bridgewater Equity Release, said: “Many of the hold-ups and dragging points with a home reversion case can be put down to documentation required by the solicitors which has not been forthcoming from the client. Advisers and their clients can get frustrated by such legal hold-ups and enquiries and it was therefore our aim to put together this client checklist in order to help with this overall process.
