Andrea Rozario on the surge in demand for equity release and the opportunities for properly qualified advisers
The past 12 months have seen equity release continue its steady climb onwards to pre-financial crisis levels of lending and confidence. To pass £1bn worth of lending was a benchmark that the entire industry is keen to build upon into the New Year and I expect 2015 to be a year of further success. With the continued progress of equity release comes a need for more advisers to undertake the training and become specialised in the market. However, at present there is a real shortage of mortgage advisers qualified to advise on equity release products. Furthermore, only 6% of advisers su...
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