The Equity Release Council introduces a modernised directory to connect consumers with advisors and legal firms.
- The updated directory attracts over 21,000 visitors yearly, showcasing enhanced services for later life lending options.
- Consumers now have improved geographic options for finding suitable advice, including language preferences.
- The directory includes contact details for lenders and support for businesses eyeing market entry.
- Jim Boyd emphasises the directory’s role in providing essential, personalised advice for utilising housing equity.
The Equity Release Council has launched an updated directory aimed at helping consumers easily locate advisors and legal firms to assist with their later life lending decisions. Annually, the directory draws the attention of more than 21,000 unique visitors, highlighting its significance as a resource for those exploring financial options in later years.
This revamped directory is not only a tool for advice on equity release but also serves as a platform where Council members can present a complete array of services they offer. These range from equity release advice to wills, trusts, pensions, and wealth management. Such a comprehensive display ensures that consumers have access to varied and necessary services in one location.
With an emphasis on improved geographic targeting, users can select their preferred mode of interaction, whether face-to-face, via telephone, or digitally. Additionally, the directory recognises the diversity of its users by offering services in multiple languages, including Urdu, Spanish, and Arabic. This inclusivity is crucial in catering to a broader range of consumer needs and preferences.
The directory goes beyond individual advice by listing contact information for various lenders and providing a directory of Council associates. These associates may provide guidance to businesses considering entering the equity release market, thereby broadening the scope of support available through this resource.
Jim Boyd, the CEO of the Equity Release Council, noted the evolving nature of the later life lending market, which is expanding to accommodate an increasing number of customers seeking borrowing solutions in their older years. He expressed pride in the new directory’s capacity to help potential customers connect with the right advisors who can discuss the implications of different borrowing strategies, thereby facilitating informed financial decisions.
The updated directory is a crucial tool for connecting consumers with necessary financial advice for later life lending.
