The Equity Release Council are the industry body for the UK Equity Release sector. The Council enforces safeguards to promote high standards of conduct and practice in the provision of, and advice on, equity release.
Since it’s inception in 1991, the Council standards we follow provide what we believe is the highest level of consumer protection, giving all our Later Life customers peace of mind when they come to us for advice.
All members of the Council are required to:
- Provide a fair, simple and complete presentation and explanation of your equity release plan
- Clearly set out the benefits and limitations of the plan, together with your obligations under the terms of the contract
- Inform you about the costs and tax implications
- Give guidance on what will happen if you wish to move to another property
- Explain how changes in house value may affect your plan
We are proud members of the Equity Release Council. If you would like to learn more our status as members or about the Equity Release Council, please do get in touch. Our team of Later Life Finance specialists would love to hear from you.
