Guidelines for financial intermediaries

Financial intermediaries are required to obtain appropriate qualifications in equity release advice. Please click here for further details.

SHIP has also announced that as from August 2007, 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.

For the SHIP 10 point adviser guide to equity release please click here.