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What happens when I have signed the mortgage paperwork?

Your solicitor will prepare a bundle, including your signed equity release paperwork, for the lender’s solicitor.  The contents of this bundle vary from lender to lender, which is why it is important that your solicitor is familiar with equity release products.  The lender’s solicitor will review the bundle and, if everything is in order, will set a date to complete your equity release.  Please note that the completion date is not within the control of your own solicitor so you should not commit the funds until your solicitor has been advised when your equity release is going to complete.