Wills and Probate Solicitors in Lewisham

Many older homeowners released equity through a lifetime mortgage. The loan and its rolled-up interest become repayable after death. Lenders usually allow a set period to sell the property before taking further action. The balance can be large because interest compounds over many years, although most modern plans include a no-negative-equity guarantee. Executors need an early redemption statement to know what the estate will actually receive. Home reversion plans work differently, as the provider already owns part of the house.

Lewisham is a district of south-east London and the main centre of the London Borough of Lewisham, formerly in Kent, where the Quaggy and Ravensbourne rivers meet. St Mary’s Church, a Victorian clock tower and a busy street market mark the old centre. Hilly Fields offers wide views across the area. Wills and probate solicitors in Lewisham can obtain redemption figures, manage the sale and settle the lender. Firms in SE13 serve the district.