Yes. The solicitor’s appointment is a key requirement of the Equity Release Council Code of Conduct and acts as a ‘safety net’ to ensure full comprehension of the consequences of the Equity Release and to guarantee your identity and address. A checklist and instructions are prepared for the solicitor, ensuring that they know what has required of them your appointment.
Please note that only the Equity Release applicant(s) can be present for the solicitors’ appointment i.e. third parties such as children or other relatives are not permitted to be present during this meeting.