Equity Release Scotland (ERS) is a completely independent organisation. We provide a service tailored to your specific needs and will search the whole of the UK equity release market with lenders approved by the Equity Release Council to find the best plan for you, taking into account your individual circumstances. Unlike many advisers we are not ‘tied’ to a specific lender at any one time.
We have a network of local, professional advisers across Scotland and the North West & North East of England. We provide a no obligation, no pressure professional service in the comfort of your own home. We closely adhere to the Equity Release Council’s high standards of conduct and practice in providing and advising on equity release products.
The consultation is a FREE no obligation meeting, face to face with our adviser and will allow us to understand your unique situation and possibly make a recommendation to you. Our professional advisers take you forward at your pace ensuring you fully understand each step along the process.
We will provide you with a detailed report outlining all our recommendations.
Our adviser will explain how equity release will reduce the value of your estate and may affect your entitlement to state benefits.
We always strongly recommend that you invite family members to this consultation to allow them the opportunity to ask any questions they may have about equity release.
If you’d rather we just send you some information regarding our services we will be happy to do so. Visit our Free Guide page and fill out your details to request the information.
We charge an average fee of £995, which only falls due on completion of a Lifetime Mortgage. We may also receive a commission from the provider for placing that business.
Please note our fee will not be charged should the provider reject your Lifetime Mortgage application. It should also be noted we do not charge any fees in connection with the application should you decide not to proceed with the Lifetime Mortgage after we have made a recommendation to you.
Here at Equity Release Scotland, our goal, put simply, is to enlighten and improve the financial standing of those who seek our professional services.
On engaging with our clients, we are committed to offering clear and concise advice regarding the finance of your home and the long-term security and protection of your loved ones.
We will act at all times in an open and transparent manner ensuring our client’s best interests remain our number one priority throughout the process.
The fair, open and honest treatment of our clients is at the very heart of everything we do.
The advice we provide will be relevant and individually tailored to you, your family and for your immediate and ongoing needs. The information you provide is treated in the strictest confidence and shared only with those involved in the advice process.
The Equity Release market has changed dramatically in recent years since it was first regulated by the Financial Conduct Authority in 2007; this guide sets out to simplify the regulations in place to protect you the consumer, and fully explain the often complicated language used, so making things clearer and easy to understand.
The products and services that we provide are designed to meet your specific needs and to take into account your current and future financial position. If we are unable to provide an appropriate solution we will advise you accordingly.
You have the Right to Remain in your Home for as long as you choose
You will NEVER owe more than the value of your home due to the "no negative equity" guarantee.
You have the freedom to move to another property without financial penalty (subject to provider criteria)