WebOur safeguards. We are a member of the industry trade body called the Equity Release Council, and, as a part of this, can guarantee that our products will come with many customer-focused safeguards that enable us to protect you and your loved ones. Here are a few of these safeguards: All of our plans come with a ‘no-negative-equity guarantee’. WebFeb 23, 2024 · Equity release is safe as it’s regulated by the Financial Conduct Authority (FCA) and overseen by the Equity Release Council (ERC). Their rules and safeguards ensure you always own your home and have flexibility to move. In addition, all FCA and ERC governed lifetime mortgages come with a no negative equity guarantee.
Equity Release Service - Telegraph Media Group - The Telegraph
WebApr 3, 2024 · The Equity Release Council is a trade body for the equity release sector, representing lenders, advisers, and other professionals involved in the industry. The … WebDec 20, 2024 · Interest rates for equity release plans have remained low and steady, averaging 4.26% in 2024. It is worth noting, however, that equity release interest rates could increase or decrease over time ... passport services at post office
Fact Sheet - Equity release - National Debtline
WebJan 31, 2024 · Since 1991, more than 592,000 new equity release plans backed by Council standards have helped homeowners aged 55+ to access £38.7bn of property wealth to support their finances. 2024 saw the sector return to growth for the first time in three years with over 76,000 new and returning customers making use of equity release. WebThe Equity Release Council is the industry body for the UK equity release sector, representing the providers, qualified financial advisers, solicitors, and intermediaries. Membership represents the interests of 90% of the Equity Release sector. All members have agreed to abide by the Council rules and have signed up to the Statement of … WebAug 25, 2024 · On Aug. 20, 2024, the Securities and Exchange Commission filed an emergency action to stop a fraudulent Ponzi scheme allegedly perpetrated by Marietta, … passport services fort worth