But I am just looking for thoughts given our particular circumstances. Search our decisions database to see our past decisions on complaints involving equity release mortgages. If you're close to 55, you may feel like you're in a position where you can wait until then. You can check this on the Financial Services Register by visiting the FCA’s website register.fca.org.uk/s/ . Equity release: I wonder if I could ask for comments on equity release. You’ll find additional information about equity release on the websites of the Equity Release Council and the Money Advice Service. Equity Release Specialist Recommendation Earlier this year through all the madness of the "Covid" pandemic, I decided to take out Equity Release on my property. Nigel Waterson, chairman of the Equity Release Council, comments on ‘misleading’ reports about early repayment charges and interest fees on equity release products. Equity release is a ‘timebomb’ for tens of thousands of homeowners in 50s who want to unlock cash. Our Financial Services Register number is 224987. ... that complaints will occur. I did some research and looked on the "Equity Release Council" website for a recommended specialist in this area. “A little known trap of Equity Release” Written on: 08/09/2018. Key Equity Release is a trading name of Key Retirement Solutions Limited which is authorised and regulated by the Financial Conduct Authority. We also have detailed information for businesses responding to a complaint about equity release. Complaints about mis-sold equity release schemes are rising as homeowners aged over 55 borrowed a record £1billion against their property in … Equity release is only available to those aged 55 and over. The IFA we had searched the market and got the best deal for us. Now I know most people would say it's a rip off and stay clear and I do understand the pro's and con's of it. 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