The Right Equity Release quadruples profits

The firm, which is the UK’s third largest equity release distributor, has more than doubled its annual turnover from £1.33m to £2.9m over the same period.

Martin Wilson, marketing director of The Right Equity Release, said: “Exciting times are ahead for the equity release market, with more competitive products and increased customer confidence.

“By recruiting specialist ER advisers and supporting them with qualified leads customers can be provided with highly qualified advice in a profitable manner.

“Our objectives are to continue to grow the business by recruiting experienced specialist equity release advisers.”

The firm’s advisers earned in excess of £70,000 on average over the course of the year.