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 are
protected from poor 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.


SHIP - Safe Home Income Plans
SHIP is 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 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 SHIP logo
Equity Release Supermarket will only deal with companies who are SHIP members.



The Financial Services Authority
The FSA is an independent body that 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

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.

To assist you, we have negotiated competitive and fixed legal costs on your behalf with solicitors who are specialists in this field: -



http://www.equilaw.uk.com/Equilaw_Clients.aspx
You are now leaving the regulated site of Equity Release Supermarket. Equity Release Supermarket are not responsible for the linked site, nor the accuracy of the information contained within it
  
  
 To obtain further information & details of their fixed costs please contact our team.


 
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Other Related Items in this section
What are the fee options?
How am I protected?
What is the typical process?
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