Claire Barker (pictured), Managing Director at Equilaw and director at Thomas Legal Group, has taken the post of co-opted board member for 2020/21, following a selection process among the ERC’s legal membership. The start of 2019 saw £936m being unlocked from people’s homes, making Q1 the busiest first quarter on record. As membership levels reach a new high, the inaugural Equity Release Summit on the 12 March will provide an opportunity for Council members and the wider sector to gather and discuss key developments and trends within the industry. Membership is recognition of the increased role equity release plays within the retirement planning landscape and the breadth of options in the mortgage market. The Equity Release Council is the industry body for the equity release sector and it represents not only the providers, but the financial advisors, lawyers, intermediaries and surveyors who work in the sector. • the Equity Release Council (page 23) • the Personal Finance Society (page 25). 2019 saw a 35% annual increase in Council membership among adviser firms from 246 to 332, while the number of solicitor firms rose by 46% from 41 to 60. The membership of the Equity Release Council has increased annually by 23%, rising to 219 from 178 at the same time last year, boosted by new entrants to the market. Andrea Rozario, director general of The Equity Release Council, said: A tremendous amount of work has gone into the design of the structure for the new Equity Release Council and after many months of discussions with stakeholders across the industry we are now excited and very confident that this leap forward is most definitely the right thing to do and at precisely the correct time. Equity release is only available to those aged 55 and over. Will you get a better service? Lighthouse Group plc (AIM: LGT), the national financial adviser of choice for Middle Britain, is pleased to announce that through Lighthouse Advisory Services Limited, its wholly-owned subsidiary, it has been granted membership to The Equity Release Council. Membership of the Equity Release Council has increased annually by 46% to more than 300 member firms. Equity Release Council Membership . Membership to the representative trade body for the equity release sector has been growing steadily, boosted by new entrants to the market. Home » Insights » Mortgage Medics become members of the Equity Release Council Mortgage Medics become members of the Equity Release Council. We have a team of FCA regulated nationwide equity release advisers who are all members of the Equity Release Council. The Council puts this rise in membership down to property wealth becoming a common feature of later life financial planning conversations between consumers and advisers. A: Today’s equity release market is regulated by the Financial Conduct Authority (FCA). As part of the process, you will need to appoint an independent solicitor with equity release knowledge. “Over the past 12 months Gateway has been actively involved in the strategic review undertaken by SHIP and its re-launch as The Equity Release Council,” said Mel Kettle, client services director at Gateway. The membership of the Equity Release Council (The Council) has increased annually by nearly a quarter (23%), rising to 219 from 178 at the same time last year, boosted by new entrants to the market. David Burrowes, chairman of the Equity Release Council added: “We are thrilled to welcome Sarah as our 1,000th member. The council has also seen a 38% increase in registered individuals over the same period, rising from 673 in December 2017 to now stand at over 900. The Equity Release Council has revealed that its membership has increased by 97% in the last two years, with the total number of firms increasing from 219 to 431. The Equity Release Council saw a 97 per cent rise in its membership over the last two years, increasing the total number of firms from 219 to 431. As a member… Furthermore, the council says that Membership of the Equity Release Council has increased by 97% in the last two years, with the total number of firms increasing from 219 to 431. However, if you're a homeowner in more pressing need, it's worth speaking to a mortgage broker about the possibility of remortgaging, or even contacting a financial adviser if your situation is particularly complicated. The Equity Release Council has increased its membership by 97% in the last two years, with the total number of firms increasing from 219 to 431. Lighthouse Group plc Grante Membership to Equity Release Council Article by: Giles Arbor 29th March 2017 Lighthouse Group plc (LON:LGT), the national financial adviser of choice for Middle Britain, is pleased to announce that through Lighthouse Advisory Services Limited, its wholly-owned subsidiary, it has been granted membership to The Equity Release Council. The body has also seen a 77 per cent rise in the number of individual registrations, from 673 in December 2017 to 1,193 in January 2020. What role does the ERC have and why should you insist upon your equity release legal advisor being a member? Membership of the Equity Release Council (ERC) has grown by 46% since end of 2017 to more than 300 member firms, reflecting the increasingly role of equity release and property wealth in … News Release — Ward 5 DC Council member Kenyan McDuffie. The Equity Release Council (page 23) or the relevant Law Society (page 24) in your nation can provide you with a list of local solicitors. Membership of The Equity Release Council has passed the 250 mark, less than twelve months since the trade body first opened its doors to participants from across the UK’s equity release industry. The Council has also seen a 38% increase in registered individuals over the same period, rising from 673 in December 2017 to now stand at over 900. “It’s therefore a very logical step for Gateway to become an […] The growth in the Council’s membership is testament to both the rigorous safeguards and product innovation within the market, that are helping to move equity release into the mainstream of financial services. The Council has also seen an increase of 31% in individual members over the same period, rising from 511 in December 2016 to now stand at 671 individual members. If you're close to 55, you may feel like you're in a position where you can wait until then. In the 12 months to Q3 2018, more than 78,000 new and existing customers have used their housing wealth to release equity while lending in Q3 2018 surpassed £1 billion for the first time in any single quarter. Advice can be provided face-to-face, over the phone, via email, or alternatively via live chat support. Equity Release Council Membership Lighthouse Group plc (AIM: LGT), the national financial adviser of choice for Middle Britain, is pleased to announce that through Lighthouse Advisory Services Limited, its wholly-owned subsidiary, it has been granted membership to The Equity Release Council. We’re proud to be a member of the Equity Release Council, but what does this mean to you? The Equity Release Council (the Council) has signed up its 1,000th member, Sarah Barlow of Sarah Barlow Financial Solutions Limited (SBFSL). Membership of the Equity Release Council has increased by 97% in the past two years, with the total number of firms rising from 219 to 431. The Equity Release Council say analysis of industry data by shows its provider members accounted for 95% of all equity release lending during Q1 2016, totalling £393.9 million. And our expert partner, Age Lifetime, is also a member of the Equity Release Council – a trade body whose members must follow a strict code of conduct. If you’re training for a career as an actor, stage manager, dancer, singer, choreographer, circus performer, stunt performer, theatre director or variety artist then you can join Equity as a student as soon as you start your course if it lasts one year or more. The Equity Release Council (ERC) has appointed the first legal member to serve on its main board. The Equity Release Council was formed to create a united voice for the industry and build on the legacy of Safe Home Income Plans (SHIP) as the trade body for equity release product providers. OVER 200 YEARS EXPERIENCE. Gateway Surveyors has become a member of the Equity Release Council. Membership of the Equity Release Council has increased annually by 46% to more than 300 member firms. Last year saw a 35% annual increase in council membership among adviser firms from 246 to 332, while the number of solicitor firms rose by 46% from 41 to 60. Equity - the UK trade union for creative practitioners. The milestone comes at a time when equity release is experiencing steady growth. For … Equity Release Summit . We have recently renewed our membership with the Equity Release Council (ERC). Building on years of leadership on racial equity, Councilmember McDuffie urged his Council colleagues and Mayor on March 23 to address these concerns in District’s response to COVID-19 Its membership now includes advisers, solicitors, surveyors and product providers. All of your questions are answered here. New standards issued The Equity Release Council has announced that its membership has increased by 46% since the end of 2017 to more than 300 member firms. Today the Equity Release Council (the Council) announces the signing of its 1,000th member, Sarah Barlow of Sarah Barlow Financial Solutions Limited (SBFSL). Headlines: Council membership has increased from 219 to 431 firms in just two years – reflecting the increasing role of property wealth in later life financial planning; The Equity Release Council has welcomed its 500th member this month, 25 years on from the launch of the first equity release industry Standards by its original provider members in December 1991. 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