Knight Frank Finance has joined the Equity Release Council following the launch of its later life lending advice service last month.
The high end estate agency’s mortgage advice arm decided to branch into equity release and other later life products following demand from its customer base.
It has seen a growing number of home owners looking to unlock the value built up in their homes after decades of house price growth.
Last month the Equity Release Council signed up its 1,000 member.
The Equity Release Council chairman David Burrowes says: “Knight Frank Finance’s expansion into the later life sector, and membership to the Equity Release Council is testament to the growth in popularity of equity release.
“As the popularity of equity release grows, so too does the need for qualified advice.
“The launch of Knight Frank’s Later Life Finance team is therefore a great addition to the equity release adviser landscape and the Council’s membership.”
Knight Frank Finance later life finance associate David Forsdyke adds: “I have worked closely with the Council for many years and have seen first-hand the positive impact they have on consumer protection and confidence in this market.
“Membership is, in my opinion, an essential ingredient for any firm involved in equity release.”