The specialist Equity Release advisers who are part of the Division will be able to select the appropriate product for the client from the entire range of Safe Home Income Plans (SHIP) approved schemes on offer.
Brian Thornley, Manager of BBN said: "The increasing confusion, bordering on distrust, surrounding the equity release market, means it is essential that consumers have access to fully trained and independent specialists. Realising a small amount of the equity in property can mean the difference between people remaining in their home or being forced to spend the rest of their lives unhappily elsewhere. But receiving the expert advice on how to do this is paramount."
Equity Release is also used by High Net Worth clients who wish to keep liquid capital but are willing to use a portion of their existing property to fund other projects such as holiday homes abroad or school fees for grandchildren. Brian Thornley added, "Our specialist advisers can help guide clients through to reaching the correct solution whatever their individual circumstances."
