The Code of Conduct states that customers have the right to remain in their property for life. However, the customer also has the right to move the plan to another property without penalty if they should wish to do so, subject to lender criteria. These undertakings give great reassurance and peace of mind to all Equity Release customers.
The Code further states that all customers will be provided with clear concise paperwork, which includes all set up costs, house move expenses and changes in house values. The client’s legal work will always be performed by a solicitor of their choice, who is required to sign a certificate stating that the plan and its risks have been fully explained.
Plans that meet the Equity Release Council standards carry a no negative equity guarantee. Ensuring the amount owed will never be in excess of the property value.
Equity release could be the answer to some of your financial questions. If you would like to know more about it, and see if it could be the right option for you, please book an appointment or request a call-back
We will be in touch as soon as possible to arrange a convenient time for a meeting, which is completely free of charge and without obligation.
I'll be in touch as soon as possible. If you'd rather call me in the meantime, please feel free to give me a call on 01489 45 45 45