Phone Number. All of our members have agreed to abide by the Council rules and have signed up to the Statement of Principles. Telephone advice is where the advice is provided primarily over the telephone by a qualified adviser and is supported by an appropriate call centre for the purpose, with call recording, data storage and appropriate monitoring procedures in place. All members of the Council are elected from the membership by the membership every two years. If you opt to email us then please let us know your preferred contact method for reply – email or phone (and an indication of the best time of day to call if appropriate). Providers. Essex Equity Release are members of the Equity Release Council. Lifetime mortgage providers. *Equity Release Council Spring Report, March 2019. The ERC has set the standards that all members of the equity release industry should abide by in providing a professional & ethical advisory service. Please refer to one of our specialist advisers. When considering an equity release plan we recommend customers talk to a specialist member of the Equity Release Council. Please check with the individual firm. To make sure you are dealing with a genuine member … Apply to be a Member. The equity release council is not authorised to give or offer advice to customers. Church Lane Thornby We're Members of the Equity Release Council Protect your beneficiaries The figures are an indication of the amount available, subject to full assessment and underwriting. December 23, 2020. Email. When considering an equity release plan we recommend customers talk to a specialist member of the Equity Release Council. Members of the Equity Release Council; To speak to a qualified adviser about equity release simply enter your details in our Equity Release Form. All Rights Reserved. Similarly, if you take out equity release on your own and later get married you might not be able to put the scheme jointly under both your names. To make sure you are dealing with a genuine member look for the logo and search our web site under member directory. 1. The UK’s financial services regulator, or 3. If you live in the Manchester area and need equity release advice please call us. Find an adviser with an equity release qualification on the Society of Later Life Advisers website. All plans sold by Equity Release Council members include some very important safeguards to protect you and your property, these include a no negative equity guarantee, ie, you will never owe more than the value of your property and security of tenure, giving you the right to live in your property for the rest of your life or until you move into long term care. Free Equity Release Calculator Property Value Title. A major focus of the Equity Release Council’s work is to ensure that products are safe and accessible for consumers. Equity has five officers — the President, the General Secretary, two Vice-Presidents and the Honorary Treasurer. Equity Magazine Summer 2020: COVID-19 Response. However, please note that this is not a complete list of all Equity members as members can choose whether to be included here. It’s unsafe and unregulated – This is not the case. Equity Release Council The Old Rectory Church Lane Thornby NN6 8SN Membership. NN6 8SN. The Old Rectory Find a Member. Maintain 100% ownership of your home. Church Lane Thornby Please note that we are not able to offer equity release for leaesback properties. Unlock Tax Free Cash from your Home Today. Guaranteed income for life. 2. Equity release refers to a range of products letting you access the equity (cash) tied up in your home if you are over the age of 55. If you are in doubt, seek specialist advice. Associates . When considering an equity release plan we recommend customers talk to a specialist member of the Equity Release Council. Associates. Affiliates. 3. The Equity Release Council. You can search their members directory … Lifetime mortgages are by far the most popular types of equity release schemes. Solicitors. Advisers. Free calculator. Solicitors. The Equity Release Council’s ‘no negative equity’ guarantee means your beneficiaries will never owe more than the property is worth when it’s sold. The Equity Release Council now represents all participants in the equity release market, providing a voice for the sector as well as setting standards and safeguards which protect and reassure consumers. No credit check. Equity Release in France is not the same product as in the UK. All Rights Reserved. The "catch" is that the income-provider must be repaid at a later stage, usually when the homeowner dies. Not all providers, advisors, solicitors or surveyors are members of the council. 132 likes. Need help? Members of the Equity Release Council sign up to the Equity Release Council’s Statement of Principles which puts in place a number of safeguards and guarantees for consumers. This means that people who use equity release products offered by Equity Release Council members can have confidence in the products they use and the information they receive. The myths about equity release . All firms advising on or selling equity release have to be regulated by the Financial Conduct Authority (FCA). Only advisers holding membership of the Equity Release Council promise to follow our stringent Statement of Principles for your added peace of mind. Advisers. NN6 8SN. You can take the money you release as a lump sum or, in several smaller amounts or as a combination of both. They work to ensure that equity release products are safe and accessible for consumers. Originally launched in 1991, the Equity Release Council (ERC) is an organisation that is supported by the leading providers of equity release within the UK. The Council puts this rise in membership down to property wealth becoming a common feature of later life financial planning conversations between consumers and advisers. You can view the contact details of our members in the member directory. All of our members have agreed to abide by the Council rules and have signed up to the Statement of Principles. December 9, 2020. Contact Us Call 0800 680 0356 Request a Callback . I consent to my submitted data being processed and stored by Equity Release Council in compliance with our. Post Code. Firms advising on or selling equity release have to be: 1. We do no credit checks as they are not required to obtain your free no obligation quotes. The Equity Release Council, formerly Safe Home Income Plans is a company limited by guarantee and registered in England No 2884568. They represent equity release providers, qualified financial advisors, lawyers, intermediaries and surveyors. Many firms listed as offering face-to-face advice are offering telephone advice and video calls during the pandemic. The Council has also seen a 38% increase in registered individuals over the same period, rising from 673 in December 2017 to over 900. The equity release council is a trade organisation that represents the equity release industry. To speak to a qualified adviser about equity release simple enter your details in our Equity Release form. Members of the equity release council. Providers. Face to face is where advice is delivered by a qualified adviser who will travel to a customer’s home or other location of choice and discuss their needs allowing any family members to be present and involved in the decision making process. Last Name. There are two models, face to face and telephone advice, both aimed at protecting the interests of the customer leading to the most appropriate and correct solution for each individual enquiry. Members of the Equity Release Council have to abide by a Code of Conduct that guarantees that our ethics and standards. The application process is relatively straightforward but should you have any question, please feel free to contact us. Season’s greetings – Read more. All of our members have agreed to abide by the Council rules and have signed up to the Statement of Principles. Solicitors. * If you are in poor health you may be entitled to better terms with an Enhanced Lifetime Mortgage. Equity release will reduce the value of your estate and may affect your entitlement to means-tested state benefits. ©2020 Equity Release Council. Available support: a quick guide. The Equity Release Council has increased its membership by 97% in the last two years, with the total number of firms increasing from 219 to 431. It was created to promote safe equity release products and to safeguard the interests of homeowners. The agent of a regulated firm, 2. The Equity Release Council is the industry body for the equity release sector. You should choose a product from a company that is a member of the Equity Release Council. Not all providers, advisors, solicitors or surveyors are members of the council. Latest News. In the 12 months to Q3 2018, more than 78,000 new and existing customers have used their housing wealth to release equity while lending in Q3 2018 surpassed £1 billion for the first time in any single quarter. First Name. Branches directory; Deputies; Show More; Policy Work; Plan your own campaign; Networks; Arts Policy & Campaign Working Party; Equity logos for members; Fundraising for the Benevolent Fund; News; About; Contact; Login; Search. 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