New equity release alliance

Equilaw, Goldsmith Williams, Ashfords, Lees Lloyd Whitley, Gwyn James and Birchall Blackburn have officially formed and launched the ERSA. The body will be incorporated and have a written constitution that all members must abide by.

Alison Beeston, Compliance & Communications Manager at Bridgewater Equity Release, commented: “The formation of the ERSA is good news for the equity release sector and its wider profile within the legal profession.

“All six founding members are known to Bridgewater as forward-looking solicitor firms who stepped into the market at an early point and have great experience of the equity release market. Solicitors involved in equity release with the necessary commitment, specialist knowledge and a real understanding of the sector are good news for customers and the market as a whole.”