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Is Equity Release Safe ?
It is regulated by the Financial Services Authority (FSA)
- They are a non governmental body
- Their aim is to promote efficient, orderly and fair financial markets and help financial service retail consumers get a fair deal
DCM Financial Solutions only recommend providers who are a member of SHIP (Safe Home Income Plans) who have to comply with a code of practice designed to protect customers. SHIP members provide the following vital guarantees:
- The right to live in your own home for your lifetime
- The freedom to move home to another suitable property
- A ‘No negative equity’ guarantee, ensuring that you will never owe any more than the value of your property
- Independent legal advice from your own choice of solicitors
For more information, please see our page about SHIP
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