View more on these topics

Goldsmith Williams launches equity release service

Goldsmith Williams has launched GW Lifetime to cater for the needs of the equity release market.

The new service will provide intermediaries and borrowers with access to a team of equity release conveyancers. GW Lifetime is guaranteeing to provide a 20-day turnaround on all equity release cases, while the industry average is 25 days.

Advisers will also be provided with frequent case progression updates provided via e-mail and the company’s GW Live online system.

Goldsmith Williams senior partner Eddie Goldsmith says: “The equity release market is growing rapidly, with £275 million of equity being released by SHIP members during the second quarter this year.

“However, equity release is not just another mortgage product. Advisers have an even greater duty of care towards elderly clients, which means putting them in touch with solicitors who have genuine expertise in this area. Goldsmith Williams has that expertise and can provide a knowledgeable, impartial and fast service for both borrowers and brokers.”

GW Lifetime manager Richard Espley says: “There is no doubt that rising inflation is leaving a greater percentage of retired people struggling to make ends meet. Releasing equity tied-up in their homes is one of the few options available to them but they need impartial, professional advice provided by both brokers and lawyers who understand the many benefits and pitfalls of this market. The dedicated service being launched today by Goldsmith Williams has been designed specifically to address the needs of this market.”

Recommended

ifs unveils plans to offer LTC exam

Ifs School of Finance has unveiled its plans to offer a qualification in long term care after Britain’s leading political parties described it as an area requiring attention during this year’s conference party season.

Wealthtime to launch new service

Wealthtime has announced that it is to create a Wealthtime Private Client Service that will include Sipp and wrap options in October.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com