A question we are often asked by other professionals is whether they need to be licensed to refer Equity Release business.
In short, you don’t need to be licensed to have discussions with your clients and then refer interested parties to Release My Equity or another company that specialises in lifetime mortgages.
It takes familiarity and regularity to maintain the standard of advice required in the Equity Release marketplace so The Financial Conduct Authority actively discourages people dipping in and out, especially when the marketplace is moving so fast with new products and lenders.
We are finding many advisers are receiving calls from their clients about these products.
It pays, therefore, to be prepared with the information and a route to place the business.
Call us now on 01204 884545 for more information on Equity Release Plans