Andover-based legal firm Parker Bullen has proudly become a member of the Equity Release Council (ERC) – a nationally recognised body that sets high standards for professionals advising on equity release products.
This membership reinforces the firm’s commitment to offering trustworthy, expert guidance to older homeowners who may be considering unlocking the value tied up in their property.
What is Equity Release?
Equity release allows homeowners aged 55 and over to access money from the value of their home, either as a lump sum or in smaller payments, without having to move. The money released can be used for a range of personal reasons – whether helping children onto the property ladder, funding home improvements, planning a dream holiday, or simply improving financial security during retirement.
There are two main types of equity release:
- Lifetime Mortgages
- Home Reversion Schemes
Each has different features, so understanding which option is best suited to your circumstances is essential. Parker Bullen’s dedicated team, including Senior Associate Solicitor Rebecca East, offers personalised advice to help clients fully understand their choices before taking the next step.
Why ERC Membership Matters
The Equity Release Council exists to protect homeowners through a strict code of conduct, ensuring those who work with member firms receive safe and impartial advice.
Rebecca East commented:
“We understand that releasing equity from your home is a significant decision that affects various aspects of your future, including estate planning. As members of the Equity Release Council, we’re able to give clients peace of mind that they are receiving professional advice tailored to their individual needs.”
If you’re considering Equity Release or want to explore whether it’s right for you, Parker Bullen’s Andover office can help. Contact: 01264 400500 or email info@parkerbullen.com to arrange a consultation with Rebecca East or Alison Daubney, both ERC-accredited solicitors.
For more details about how Equity Release works, visit Parker Bullen’s website or search “What is Equity Release?” online.