IFA Referral Service & Equity Release News

Cavendish Equity Release is the longest established specialist equity release advisory firm in the UK with nearly over 26 years' experience. It is independently owned and whole of market.

Our IFA Referral Service offers you the opportunity to ensure your clients receive first class advice in this specialist area. In addition, you can also benefit by receiving 50% of the procuration fee we receive from the equity release provider when the case completes.

We will also keep you regularly updated on the cases you refer to us leaving you free to develop other areas of your business whilst retaining customer loyalty.

Other benefits

  • Guaranteed no cross selling as we only offer advice on equity release
  • Genuine whole of market advice from fully qualified and competent equity release advisers
  • Robust compliance process from a directly authorised equity release firm
  • Face-to-face or telephone-based equity release advice

For more information on equity release or to receive a copy of our introducer agreement and equity release referral form, please email ifa@cavendish.uk.com or call 0113 2284488.

Latest News

Cavendish Scoops Industry Award

Cavendish Equity Release are pleased to announce that they have won the Best Equity Release Adviser award from the Investment Life & Pensions Moneyfacts Good Advice Awards 2009.

The awards were met with a high response from the financial advisor community, and an expert judging panel reviewed each of the submissions against the following criteria:

1) Understanding client needs
2) Customer Service
3) Committment to Professionalism
4) Client Communication

The judges chose Cavendish as their winner based on our robust processes and paperwork, both of which go beyond what is recommended by the FSA. Our committment to staff training, the endless examples of client satisfaction, and our clear and concise client literature.

 

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Cavendish joins SAFER

Cavendish becomes the newest member of Specialist Advisers For Equity Release, an alliance formed to improve the advice consumers receive when considering equity release.

Membership also consists of Age Partnership, Equity Release Solutions, and Key Retirement Solutions, who have all signed up to and agreed a code of practice to work together to ensure that customers can access all the information and quality of advice needed regarding equity release from true specialists.

SAFER members will also work hard to promote the FSA's principle of Treating Customers Fairly as well as being on hand to provide advice, experience and knowledge of the sector to consumer groups, regulatory bodies, the media and parliament.

To find out more visit the SAFER website here

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Baroness Hollis Champions Equity Release

Baroness Hollis of Heigham raises the question of whether the government would consider promoting equity release schemes.

The Baroness addressed the House of Lords and entered into a debate on 2nd April 2009 as to whether the government would consider promoting fully regulated equity release schemes that are protected from no negative equity, and that are underpinned by independent financial advisers.

Lord Mynes (Parliamentary Secretary, HM Treasury) stated:

"My Lords, I certainly believe that equity release can play a valuable part in managing people's financial affairs, but is an inherently complex product. My noble friend is therefore right to emphasise the importance of advice."

To read the full transcript click here

 

 

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Cavendish Committed to Training

Cavendish continues to expand the knowledge and skills of its team members.

As well as two advisers completing their full financial adviser exams in the first quarter of 2009, Cavendish are also pleased to announce that a further two staff members have successfully completed their CeMAP and CeRER exams (professional mortgage advisory and equity release qualifications) since November 2008.

A further two staff members are currently completing the qualifications.

In addition, all members of the administration team have been offered and accepted to complete NVQ level 2 and 3 Business Administration Courses.

Our highly skilled team are able to assist you with any queries you may have and ensure that every customer is dealt with professionally and efficiently.

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House Price Index - England and Wales

September 2009

MonthIndexAverage
Price (£)		Monthly Change (%)Annual Change (%)Sales
Volume
Sep-08 268.3 167,782 -2.6 -8.4 41,260
Oct-08 264.5 165,354 -1.4 -10.0 44,492
Nov-08 259.3 162,110 -2.0 -11.9 35,999
Dec-08 252.6 157,953 -2.6 -13.8 39,147
Jan-09 251.2 157,073 -0.6 -14.8 26,517
Feb-09 246.2 153,922 -2.0 -16.3 27,481
Mar-09 244.8 153,041 -0.6 -16.0 35,987
Apr-09 244.4 152,803 -2.0 -16.2 38,510
May-09 244.9 152,867 -0.0 -15.7 44,244
Jun-09 245.3 153,385 -0.3 -13.7 48,903
Jul-09 249.8 156,170 1.8 -11.5 -
Aug-09 249.5 155,968 -0.1 -9.4 -

Source: http://www.landregistry.gov.uk/
30.09.09

Bank of England Statistics

Current Bank Rate 0.50%
Current Inflation 1.10%
Inflation Target 2.00%

Source: http://www.bankofengland.co.uk/
30.09.09

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