15/05/2018 by Matthew Standish CeMAP CeRER 0 Comments
Desmond O'Hara Joins The Equity Release Council's Standards Advisory Panel
We are delighted to announce that our very own Desmond O'Hara has been appointed on to the Equity Release Council's Standards Advisory Panel
The Council has announced the creation of a standards advisory panel, which will consist of a range of industry practitioners. They will advise the standards board on a range of consumer issues. One of the first members appointed to this panel is Desmond O’Hara, from Lifetime Mortgage Solutions
These appointment come at a time of record growth for the equity release sector, with activity more than doubling in two years, to £870m of lending in the first quarter of this year.
The ERC now has 220 member firms, an increase of a third in the last year.
Equity Release Council chairman David Burrowes says: “The Council is committed to leading and setting standards in the equity release market.”