The Equity Release Council is a not-for-profit organisation and is the recognised industry body for the equity release sector.
It’s own website states that it “aims to fully represent and facilitate the safe growth of the equity release market by helping to create the conditions which enable the market to develop effectively”.
The Equity Release Council is largely built on the legacy of a predecessor called SHIP (Safe Home Income Plans) and was launched in 2012. The Council represents over 180 member firms and over 500 individuals; including lenders, qualified financial advisers, solicitors, conveyancers, surveyors, and other industry professionals. The Council’s aims and objectives are to ensure good outcomes for the consumer where protections and safeguards are a continuing feature.
The Council’s primary objective is developing, maintaining and enforcing the integrity of an appropriate set of rules and principles to ensure consumers can access the highest standards of advice and secure solutions to release equity from their homes remains a high priority. Put simply, they aim to protect and educate the consumer in the valid use of equity release by guiding and supporting the profession when proffering advice on the subject.
As independent mortgage advisers and members of the Equity Release Council, Mortgage Required are able to offer fully regulated, up-to-the-minute advice on which type of equity release product will best serve your specific needs.
To discuss equity release in more detail or free appointment just click here or give our team a call 01628 507477.
Related articles:
Download our Free First Time Buyers Guide
Recent posts
Choosing to buy a house is one of the biggest decisions you are likely to make in your lifetime. There are many factors that influence a house purchase, these include: finances, housing market conditions, and mortgage rates.
ISAs: what are they, and which one is for me
3 days ago
Since being launched back in 1999 Individual Saving Accounts (ISAs) have been very popular for those wanting to put money into savings. There are four types of ISA, and the majority allow flexible saving and the ability to withdraw funds easily. There are financial penalties on certain products, these usually pay the most interest.
Benefits of buying a new build home
10 days ago
According to the Office for National Statistics, last year (ending March 2024), there were 153,800 new homes completed in the UK. To help the housing crisis, the UK government has pledged to build 1.5 million new homes in the next five years.
Check out some of the reasons why a new-build home might be for you.
Many households are still being affected by the high cost of living, with several people worrying about how they can make ends meet on a monthly-basis. Unfortunately, the cost of bills including, water, council tax, and energy are still rising. Here are some things you can do.
The Renters’ Rights Bill represents a significant milestone designed to enhance the rights and protections of tenants in the rental market. This comprehensive bill aims to foster a more balanced and fair rental sector, ensuring that tenants can enjoy greater security and equitable treatment. It is likely to become law in late 2025.
Limited Company vs Single Name Buy to Let
7 Feb 2025
Owning a buy-to-let property in your sole name versus through a limited company each has its own set of advantages and disadvantages.
Top 10 property price hotspots in 2024
1 Feb 2025
Data from Rightmove shows that Sunbury-on-Thames in Surrey was the number one house price hotspot in 2024. The prices in this area climbed an impressive 12.5% - increasing from an average price of £527,005 in 2023 to £592,926 in 2024.
Buy to Let Stamp Duty Changes April 2025
29 Jan 2025
On the 31st October 2024 stamp duty for those purchasing additional properties increased by 2% from 3% to 5%.
From 1st April 2025 the threshold will be reducing from £250,000 to £125,000
More information
Trusted by
