Aviva – Health and Lifestyle webinar – CPD certificate available. The Equity Release Council’s Donna Bathgate and David Burrowes want qualifications to be changed so advisers have a broader view of later life lending options. Can't find what you're looking for? Members display the Equity Release Council’s logo on their literature as a guarantee to their customers that they observe the code of practice. Preview. The Equity Release Council certificate will clearly state the main cost to the householder’s assets and estate e.g. Although this already part of the SHIP code of conduct, this clarification of the safeguard leaves no room for misunderstanding. Bower uses an independent review service with an unsurpassed reputation for delivering genuine customer feedback. Premier Equity Release Club is a trading style of Perrett ERC Ltd. They want more advisers to be able to refer customers to different products where appropriate – whether the right product is a residential, equity release or retirement interest-only mortgage – rather than operating in solos. The Equity Release Council certificate will clearly state the main cost the householder’s assets and estate e.g. New course content includes … When you finish your CeRER course and pass your … Tapping into the … View all; Q&A Videos. These can be sat at over 150 locations throughout the UK. All Rights Reserved. Customers taking out equity release from a SHIP member can be sure that they are taking on a regulated equity release plan from a reputable provider.”, Mortgage Introducer has published an article following the Council's appointment…, Summary Average rates for equity release products reached record lows…, The Equity Release Council (the Council) has broadened its industry…, Equity Release Council That way you’re clear on everything. Once you have decided to proceed with your Equity Release, you will then need to instruct your Solicitor. All of our members have agreed to abide by the Council rules and have signed up to the Statement of Principles. Below you will find several resources including a video, a process chart, guidance notes and solicitors certificates that support the amendment. E.g. the loan amount repayable on death, whether part or all of the property is being sold. Download. Equity release allows individuals aged 55 and over to release money from the property they live in without having to make any monthly repayments. All members are required to be aware of and comply with the full set of rules. NN6 8SN. Please always check with providers on rates and commissions before submission as these can change without notice. The Equity Release Council’s code of practice ensures that all member companies provide a full and easy to understand presentation of their plans. » Make sure you are … Always look out for our logo on their literature and whichever legal adviser you choose ask them about what experience they have in this area. Legal firms who are members and well experienced in this particular field are also listed in our member directory. By signing the certificate, solicitors acknowledge that the essential features and implications of that plan have been brought to the attention of the purchaser. The Equity Release Council certificate will clearly state the main cost to the householder’s assets and estate. … Church Lane Thornby ©2020 Equity Release Council. Our Membership Hub represents the interests of 90% of the Equity Release sector. This means customers will never owe more than the value of their home and no debt will ever be left to the estate. Evans will be one of the experts ensuring the new material covers the changing market requirements and will also sit on the Equity Release Council Standards Board. Our Equity Release specialist brokers are fully qualified and have completed the Certificate in Regulated Equity Release … The Equity Release Council (ERC) exists to promote high standards of conduct and practice in the area of advice on equity release products. The level 3 Certificate in Equity Release meets the FCA’s requirement for mortgage advisers and those advising on equity release schemes. 6. MOVING HOUSE. Customers have the right to move their plan to another suitable property without any financial penalty. His qualifications include Cert CII (MP) a CII Mortgage Professional; LIBF Adv CeMAP the Advanced Certificate Mortgage Advice & Practice and LIBF CeRER the Certificate in Regulated Equity Release. “This updated certificate provides advisers with a solid grounding in everything they need to know about the market, products and regulations to enable them to give their customers the best advice possible – with practical examples that really help bring this to life.” A digitally enhanced course site has been developed which includes videos, quizzes and animations. What safeguards does the Equity Release Council offer? The Equity Release Council aims to protect the customer by putting safeguards and guarantees in place so that the customer has better knowledge, treated fairly and able to confidential make their decision if equity release is right for them. The Old Rectory Request a Callback 0800 411 8668. 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