Access Financial Services has joined the Equity Release Council.
Its mortgage advisers provide advice on a broad range of mainstream and specialist mortgages and over the past year it has increased its focus on equity release and later life lending, to support this under-served area of the market.
Adrian Brewer, who was appointed as Access FS’ head of later life lending in November last year, is heading up this drive.
Access FS has joined the Equity Release Council to help it play a more active role in the development of the market and take part in the ongoing debate around how the sector can best serve its diverse customer base.
The mortgage and protection brokerage is looking to expand its later life proposition, develop awareness among its many mortgage advisers of the benefits of later life lending and reach out to help people in later life who may not have had access to the financial options that they need.
Brewer (pictured) said: “Later life lending is such an important part of the lending sphere. So many older people are left without the support they need because they don’t have access to the right advice.
“Equity release plays an important part in this advice, but so do all of the later life lending options as one size doesn’t always work for everyone.
“Joining the Equity Release Council means that we can play a more active role in this market, working with the Council and with peers to get the right options to the right people in the right way.”
Jim Boyd, CEO of the Equity Release Council, added: “It has never been more important to provide the right financial advice to people of all ages, but particularly those in later life who may not be aware of all their options or be unsure of how to access the value tied up in their home.
“It is therefore vital to have high-quality financial advisers, like Access FS, join the Council to ensure that we can broaden out accessibility to good advice.
“By becoming a member of the Council, Access FS can also play an active part in building the future direction of this industry, helping to deliver better outcomes for older people.”
