Home & Capital - Qualifications

Equity Release qualifications for Financial Advisers

For most homeowners who take out Equity Release, it is the last key financial decision they will make. Having worked most of their life to buy a home, spending the equity within it takes a lot of consideration and sound financial advice.

Financial advisers are required by the Financial Services Authority (FSA) to obtain appropriate qualifications in Equity Release advice.

Ensuring you have all of the correct qualifications, will allow you to help your customers to the best of your ability.

SHIP announced in August 2007 that it will only provide Lifetime Mortgage plans through its members if the advice to the consumer is from a suitably qualified intermediary. SHIP has extended this rule with respect to any SHIP Home Reversion plans from 6 April 2008.

SHIP has created two guides for Financial Advisers;

10 point adviser guide to Equity Release

This guide gives assistance when assessing a client's suitability for Equity Release.

Equity Release Qualifications Guide

Find out if you have the right qualifications for Equity Release.

Home & Capital Referral Service

If you have decided to focus your business needs elsewhere and not qualify for Equity Release, yet you have clients who could benefit from this advice, click here to find out more about our Referral Service, with the guarantee of no-cross-selling and 50% commission.