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Is Equity Release regulated? Is Equity Release safe?
Yes, Equity Release is regulated just like any other mortgage. At Optimus Mortgages we are proud to be a member of the Equity Release Council.
The Equity Release Council is an organisation that was created to promote safe Equity Release products and to safeguard the interests of homeowners.
You need to receive qualified advice before committing to equity release and you can check online that the broker you are dealing with has the correct licence and is authorised to give you the advice you need, which is exactly what you get from Optimus Mortgages.
Equity Release may involve a home reversion plan or lifetime mortgage which is secured against your property. To understand the features and risks ask for a personalised illustration.
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