Equity release: Building partnerships

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Chris Prior discusses the importance of developing professional connections in the equity release market

The equity release market continues to grow at a steady rate. The latest statistics issued by the Equity Release Council (ERC) show that Q1 2013 was the strongest first quarter for four years. However, there are still certain obstacles that prevent the sector from developing as quickly as it could. Chief among these constrictions is a lack of consumer awareness. This is not only around the existence of the plans, but about how they work and the situations in which they might be useful. This unfamiliarity is not just limited to the older homeowners who stand to benefit from releasing e...

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