Broker Conveyancing launches equity release service

To help launch the service, the distributor has announced a new relationship with BBH Legal Services. When the details are handed over, BBH will handle all legal aspects of the case, making sure clients understand all the terms and conditions of the product, making clear all the implications and responsibilities, outlining all considerations, and manging the case through to completion.

Mark Snape, managing director of Broker Conveyancing, said: “There’s no doubt we have seen a significant growth in equity release business over the past couple of years, and in all likelihood that will continue, given the level of underlying demand and the fact that homeowners are now much more comfortable accessing their built-up equity. Customers however need specialist advice and advisers need specialist legal services, which is why we have linked up with BBH to ensure this is exactly what they get.

“The equity release sector is very different to the mainstream mortgage market and the responsibilities that come with it – for all concerned – mean that it is absolutely imperative that you have a conveyancer that is steeped in the market and totally understands what is required. BBH, without doubt, has this and we believe many Broker Conveyancing advisers active in the equity release market, will want to use their services in order to get the best conveyancing service for their clients, and to deliver legal peace of mind to them.”

Simon Wilson, managing director of BBHL, commented: “It is testimony to our equity release team, and to Broker Conveyancing, that our approach to equity release is of such a high standard that we can now offer this new service.”