About - How am I protected
We appreciate that taking out an equity release scheme is a big step, so it’s very important that you receive the very best equity release advice.
Equity Release Supermarket advisers are qualified to the current industry standards, all having achieved the Certificate in Equity Release Advice which incorporates the new Home Reversion requirement.
So if you are looking for independent and impartial equity release advice then your search ends here.



Equity Release Council (formerly SHIP - Safe Home Income Plans)

 

equity release council

The Equity Release Council is now the new trade body providing consumer information and safeguards regarding the equity release industry.

 

After almost 20 years of enhancing the awareness of equity release schemes SHIP has now been relaunced as the Equity Release Council. The aim is to bring greater awareness to the potential of the post retirement products that are available and broaden its membership to include advisers, solicitors, surveyors and any other interested parties.

 

The rules of engagement for providers will remain the same and it will be a self regulated trade body that helps to ensure the interest of customers.

It is supported by the leading providers of equity release schemes who agree to the following points: -
Clarity in product literature, including costs, moving house & tax situation All ERC/SHIP plans carry a "no negative equity" guarantee The client's legal work will always be performed by the solicitor of your choiceThe right to remain in your home for life 

 

Equity Release Supermarket will only deal with lifetime mortgage companies who are Equity Release Council (SHIP) members. This ensures that all the above product features are present in all the equity release plans we recommend. Therefore, you can be rest assured our principles match those laid down by the Council.

 

Realising the importance of the equity release industries own trade body, and providing valued support, Equity Release Supermarket are members of the Equity Release Council. We will endeavour to provide a voice for consumers & advisers in gaining wider recognition of the issues & developments needed for this area of the financial services industry. Abiding by its core values, Equity Release Supermarket have signed up to the code of conduct which has helped build the industries reputation to where it is today.   

The Financial Conduct Authority

The Financial Conduct Authority (FCA) is the independent governing body that now regulates the financial services industry in the UK. It aims to maintain efficient, orderly and clean financial markets and to help retail consumers get a fair deal.

Its main objectives are: -
Maintaining confidence in the financial systemPromoting public understanding of the financial system Securing the protection for consumersAdhering to the latest standards in 'Treating Customers Fairly'The reduction of financial crime

 

Both Lifetime Mortgage & Home Reversion Plans are now fully regulated by the FCA. Therefore, consumer protection is always available, providing peace of mind & the backing of the financial ombudsman should a complaint ever be made regarding equity release advice.



Solicitors

A solicitor is required to act on your behalf & it is advantageous if your solicitor is experienced in dealing with equity release plans.
The solicitor is required to sign a SHIP certificate which confirms they are satisfied that you, the applicant, fully understand all aspects of the plan.
Equity Release Solicitors Alliance
Within the equity release market a new charter has been formed between specialist solicitors - ERSA (Equity Release Solicitors Alliance).
The Alliance has been formed to promote the importance of specialist legal advice with equity release schemes. Each ERSA member has a committment to the Charter & can guarantee best legal advice to consumers undertaking a new equity release scheme.

The list of ERSA solicitors is as follows: -

Goldsmith WilliamsEquilaw Caesar Howie (Scotland) Blacks Solicitors LLPAshfords LLPBirchall Blackburn

 

To assist you, we have negotiated competitive and fixed legal costs on your behalf with the following equity release solicitors who specialize in dealing with legal work involved in equity release plans: -

Equilaw solicitors
Visit the Equilaw website for more information
To obtain further information & details of their fixed costs please contact our team.

 

Goldsmith Williams solicitors

 

 

Visit the Goldsmith Williams website for more information  
To obtain further information & details of their fixed costs please contact our team.

 

 ashfords solicitors

 Visit the Ashfords website for more information
 To obtain further information & details of their fixed costs please contact our team on 0800 678 5159

 

 

 

"Goldsmith Williams, Ashfords and Equilaw all offer vast experience and expertise in dealing with equity release applications for Equity Release Supermarket clients. All these ERSA member solicitors offer an efficient and cost effective route to market."  -  Mark Gregory CeMap CeRER (Founder)

 
                                                                                                                                
'the complete equity release service'
 
As Featured In...

The Guardian

 

Sunday Times

 

Mail on Sunday

Ask us a question
Free guide enquiry
Click here for your Free Guide To Equity Release.

Find an Adviser
Find an equity release advisor

Our specialist equity release advisers offer a national equity release service that is based on over 50 years of knowledge.

To benefit from their experience, please indicate your location.

Find an Equity Release Advisor
testimonials

"Equity release can be a minefield according to reports I have read, but at no time when dealing with Chris Chance did I feel that I was being led towards what he wanted to do, and that I was free to make my own decison." – Mr B, Louth


"Entering into a contract as such needs confidence in those processing it. I never at any time felt a lack of confidence." Mrs R, Leeds


"All questions answered professionally and courteously. Always available to contact, or if not, always a prompt ringback." Mr S, Reading


"Your adviser was friendly, supportive and gave us good advice. The whole process has been extremely well managed. Thank you." Mr M, Great Yarmouth 


 




"Hi Ian. My equity release plan has now completed & I am pleased to tell you that I am collecting my new car on Friday. I wanted to thank you for making everything so easy for me & I will certainly recommend you to anyone who is interested in an equity release plan." - Mrs B, Carnoustie

"From initial contact with the Equity Release Supermarket team, to completion was speedy, courteous & totally stress free!" - Mr & Mrs M, Bembridge

"Our objectives were achieved with minimal delay in a most friendly, knowledge & expert manner" - Mr & Mrs D, Newcastle

"Our Just Retirement equity release case was dealt with quickly & efficiently by Anthony. He was always just only a phone call away & always replied to any questions we had straight away.
We contacted four equity release companies in total, but your company with Anthony stood out. This has been a very important decision for us but we are so glad we did it because it has changed out lives & we can now enjoy our retirement ...debt free!" - Mr & Mrs S, Invergordon.

"Very satisfied. Simple, quick and efficient service and lovely staff." Mr M, Surrey

"Lynsey, Many thanks for your all your help; we completed or equity release application yesterday and funds have been credited to our account." – Mrs A, Nottingham


"I tried Saga and Aviva but I preferred your helpful attitude, in a situation which is fairly tricky" – Mrs R, Devon


"The service provided was excellent and I would be more than happy to recommend Equity Release Supermarket to anyone considering equity release" - Mr & Mrs S, Waterlooville
"Always a traumatic time to find yourself on your own having lost your partner of many years. Feeling quite fit and healthy but strapped for cash. I was reluctant to downsize and move away from supportive friends and neighbours. So you need reassurance and advice and this is what I got from Equity Release Supermarket. A personal home visit and a clear explanation of what was best for me. It was good to have Mark come to my house to explain face to face the options and understand what I needed" - Mrs H, Hartlebury
"Having spent my career in banking retiring as a manager, I did not come to the transaction without knowledge. I felt Les Pick, your equity release adviser, tailored his advice accordingly and could have been more expansive if necessary. He was never patronizing" - Mr & Mrs S, Leigh on Sea

"From start to finish my equity release application took only a few weeks; Alison could not have been more helpful and all our questions were answered in a friendly but professional manner" – Mr & Mrs R, Southampton
"We wanted to release some of the equity from our house; we spoke to Mark Gregory who took care of all aspects of the process, explaining every detail as we went through the paperwork. We would have no hesitation in recommending Mark Gregory and Equity Release Supermarket to anyone" - Frank & Janet Hardie. Bury


"Equity Release Supermarket were very efficient, kept us in the loop, couldn't have done it without your help" - Mrs Q. Renfrewshire