This extends the firm's commitment to later life lending
Having met the high standards for integrity, transparency, and best practice, national brokerage Just Mortgages has become the latest firm to join the Equity Release Council.
Ashley Edwards (pictured), financial services director at Just Mortgages, commented: “With the equity release market continuing to show significant growth, our membership of the Equity Release Council demonstrates to homeowners that Just Mortgages is a trusted source of impartial advice on later life products and services. It’s fantastic to see our holistic approach to later life lending recognised by the council.
“In an environment where homeowners are looking to enhance their retirement income or support the next generation, equity release and later life borrowing are becoming key parts of the wider mortgage mix. However, equity release may not always be the right option, making solid financial advice from a qualified broker an essential part of any decision-making process.”
The development further solidifies Just Mortgages’ commitment to later life lending, with the brokerage having become authorised to advise on equity release four years ago.
Previously, Just Mortgages worked closely with trusted providers to operate a referral service to cater to clients needing access to the market.
As part of its academy program, Just Mortgages offers an extensive training course for self-employed brokers that want to advise on equity release and later life borrowing. So far, Just Mortgages has trained 24 self-employed advisers who are qualified and licensed to offer expert advice on equity release options.
According to the council’s own data, 2022 saw record activity, even with the mini budget disrupting much of Q4. The equity release market saw a 23% annual growth in both new and returning customers, the highest year-on-year increase since 2018.
Through its nationwide network of employed and self-employed brokers, Just Mortgages said it could advise on any client requirements, whether it was first-time buyers, new-build and shared ownership, later life borrowing, or even wealth management through sister firm Just Wealth.
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