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Navigating the legal landscape of equity release schemes is complex and requires careful attention to regulations, particularly those set by the Financial Services Authority (FSA). In this article, Ross Milnes delves into the critical obligations legal advisers must meet when guiding clients through equity release plans, from ensuring regulatory compliance to safeguarding clients’ interests. Learn about the importance of accurate legal advice, the potential risks, and best practices to minimize future claims while ensuring your clients make informed decisions.

Despite the challenges of the current financial climate, equity release lending remains a vital option for homeowners over 55. However, with a slight decline in lending and potential borrowers’ confidence wavering, is the market missing an opportunity? This article explores the trends, borrower attitudes, and regulatory developments shaping the equity release market. As the government and industry bodies work to improve public perception, could equity release emerge as a reliable financial solution for those looking to fund their retirement?