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The Equity Release Council (ERC) has launched a Legal Guide to Equity Release as well as a new report, Vulnerability Vigilance, exploring the most common customer vulnerabilities which legal advisers can encounter. The study took an in-depth look at a sample of more than 300 cases from last year where the customer
The Equity Release Council (ERC) has released a legal guide to equity release and a report, Vulnerability Vigilance.
The Equity Release Council has announced that chief operating officer Donna Francis will step down from the body after more than ten years “to pursue new opportunities”. Francis’ role at the body has been to oversee its governance and day-to-day running. She is also a council board member and has also been
There were 4,698 new customers in the first three months of this year, which is 11% lower than the last quarter of 2023.
Later life lending fell 6% to £504m in the first three months of the year compared to the final quarter of 2023, “as the nation waits to see what happens next with interest rates and the health of the economy,” says the Equity Release Council. The trade body adds that the sector attracted 4,698 new customers