Burns-Anderson has agreed terms to refer equity release enquiries to Hinton & Wild (Home Plans) Ltd in a non-exclusive arrangement.
Hinton & Wild are specialists in equity release and have advised on plans for elderly homeowners for over 30 years. They were the first ever provider of independent equity release financial advice in the country and have arranged well over 10,000 plans.
The company was also instrumental in the formation of SHIP in 1991 and act as authors to the Age Concern equity release publication ‘Using Your Home As Capital’, now in its eighteenth year of production.
More recently the company has been invited by the Financial Services Authority to be involved with drafting rules for Home Reversion Plans prior to full regulation in 2006/2007.
This method of referral at an early stage ensures Hinton & Wild take full compliance responsibility for their advice. Apart from equity release, no secondary recommendations will be made. Any other financial needs identified will be referred back to the original IFA.
Mike Gamble, regulatory markets manager of Burns-Anderson, says: “This partnership suits us and our clients admirably. They will benefit from the best possible advice in the specialist equity release area, whilst remaining clients of the Burns-Anderson IFA concerned.
“For our Mortgage Advisers who wish to introduce but not provide advice on Equity Release, this will enable them to offer a holistic service and develop new business rather than letting an opportunity pass them by”