My name’s Alan Rait and I’m a Specialist Equity Release Adviser. I arrange Lifetime Mortgages for people over the age of 55.
I’ve worked all my life in financial services, and since 2014 I’ve been working in later life lending with Lifetime Mortgages. This is a market I can readily engage with as I’m a couple of years over state retirement age myself!
I live in North Manchester so my working area of choice is the North West of England, West and South Yorkshire, and further afield as required. Whilst we’re in the grips of COVID, I can conduct business on the phone, Zoom, Whatsapp or face to face with due regard to social distancing and current guidance.
Equity Release is regulated by the Financial Conduct Authority (FCA). It’s also covered by the Financial Services Compensation Scheme (FSCS). For extra protection and peace of mind, there’s also the guarantees offered by the Equity Release Council (ERC).
To work in the Equity Release market, I have to be specially qualified. Very few independent financial advisers (IFAs), accountants or bank managers hold the necessary qualifications to advise on Equity Release.