Launched in 1991 as the Safe Home Income Plan (SHIP) and rebranded as the Equity Release Council (ERC) in 2012, the organisation is supported by the leading providers of equity release to promote safe schemes and to safeguard the interests of homeowners.
The Equity Release Council’s standards and principles ensure that all member companies provide a full and easy to understand presentation of their plans.
Members like us at Responsible display the Equity Release Council’s logo on our literature as a guarantee to customers that we observe the Council’s customer-focused requirements.
Members of the Equity Release Council must uphold criteria aimed at putting customer needs first and increasing honesty and transparency across the sector. These requirements include, but are not limited to, the following:
If you are considering releasing equity from your home, you should ask yourself three key questions:
If you release equity through an ERC member, then the answer to all of these questions is guaranteed to be yes.
Responsible Equity Release will only ever use lenders that are members of the Equity Release Council, meaning that you will always enjoy the safeguards guaranteed by them.
Contact our Information Team today on 0800 048 5384 to find out more about how equity release, and the assurances provided by releasing equity with a member of the ERC, could work for you and your family.
To find out more about Lifetime Mortgages, and the various features available, why not book a no-obligation appointment with one of our fully qualified advisers? The Information Team can help with this on 0800 048 5384.
“Richard Johnson was my Equity Release advisor, who I can genuinely say, did a thoroughly professional job in keeping me informed, raising the pitfalls, as well as the advantages of the various options, and monitoring the paperwork throughout this process. I do not normally write reviews, unless I feel the service was exceptional.”
“I contacted Mr Kevin Williams to help guide us through the ER process, Kevin was extremely helpful, polite and kept us informed at all times. He was very efficient and keen to answer our questions, how nice to deal with somebody that is not ‘pushy’ or ‘aggressive’, I have the greatest respect for Kevin and should anybody read this review then fear not you will be in safe hands.”