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I have a Power of Attorney in place. Can my Attorney deal with the equity release for me?
Your Attorney can only act for you if you have lost mental capacity and are unable to deal with the application and paperwork in your own right. This is primarily to protect your interests and to avoid fraudulent applications. If there is any doubt about whether or not you can deal with the paperwork personally, your solicitor will insist on a mental capacity assessment. This can be via your GP, social services or a private report can be obtained. There may well be additional fees to pay (and this will always be the case if you instruct a private assessment).