BUSINESS REFERRALS

Equity Release referrals

For those Professionals not currently active in the equity release market, specialists at London Equity Release can help extend the range of services you provide to your clients. We can help add extra value to existing, or potentially new clients, by allowing us to search the whole of the equity release market to source the best equity release deals possible for them.

Let us take away the hassle for you!

Most of us are looking to help our London clients as best possible. However for the likes of solicitors, accountants, IFA’s or mortgage brokers, with time constraints and increasingly bureaucratic professions, this can be difficult. This can also have an effect on potential income which could be helped by taking advantage of our specialist London equity release advice from FCA qualified advisers in this field.

By referring a client to us, we guarantee that your clients remain your clients and we will purely concentrate on what we know best – Equity Release.

We offer a whole of market proposition ensuring the best equity release deals are researched. Being one of the UK’s top equity release brokers we also obtain exclusive equity release deals including free valuations, cashbacks & specially reduced interest rates. This provides you with the peace of mind in knowing your clients are getting the best deals in the market.

London Equity Release will also take full responsibility for the advice provided with a fully compliant T&C scheme and can provide regular case updates from our dedicated processing team at Head Office.

Average commission achieved per London referral is over £1,000, so there is plenty of opportunity to enhance your earnings, yet allowing you to concentrate on what you know best & leaving the release of equity to the specialists!

More about Equity Release in London

Equity release plans allow clients over the age of 55 to release tax-free cash from their homes, thus enabling them to meet their objectives. This could be anything from – repaying an existing mortgage or debt, making home improvements, gifting to children to perhaps helping them to fund their first property purchase, or simply to enhance their standard of living.

There are various types of equity release schemes. We now have options for your clients to chose whether to make monthly repayments or not, thus being able to control their future balance. London Equity Release recommend products that are members of the Equity Release Council & will offer the following guarantees:

• Clients can remain in the property for life and retain full ownership of their home
• There is a no negative equity guarantee
• The loan is portable as long as new property meets the providers lending criteria

Opportunities For London Professionals

London in particular, with increasing house prices have meant a larger percentage of people will be subject to Inheritance Tax due to the disproportionate tax threshold of £325,000 per person. Equity release can significantly help reduce this liability by creating a debt against the property. This can be a fantastic opportunity for clients to realise more than one objective as they can use funds to gift to their children, thus enabling them to get on the property ladder.

You may already have certain types of clients that may benefit from equity release schemes. In order to qualify they need to be over the age of 55, own their main residence and have potential needs as follows: –

• Clients with an existing interest only mortgage coming to the end of their term
• Clients having difficulty with repayments, with lenders requesting repayment
• Clients needing to extend the term of their London lease
• Clients who are asset rich cash poor and in need of cash to meet objectives
• Clients wishing to make gifts to children for property or business purposes
• Clients wishing to reduce the value of their estate
• Clients looking to take care of their Long Term Care provisions

These are just some of the areas we can assist your clients needs & help you develop your business further.

Please feel free to contact us & one of our Equity Release London specialists would be happy to visit you.

Alternatively, please call Freephone 0800 471 4842 and we can post our introducer pack explaining our services & providing all the information you need.

Why wait…earn additional income by promoting equity release and register today!