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We are authorised and regulated by the Financial Conduct Authority (FCA) and members of the Equity Release Council.
Bower has always supported the aims of The Council and the associated SHIP safeguards which our membership offers, such as its commitment to impartial advice.
No, your arrangement cannot change from the original contract signed with your solicitor.
Even in the unlikely event of insolvency, all equity release providers are regulated by the Financial Conduct Authority (FCA). They would ensure that another company assumed responsibility for the company’s customers.
In this case, there would be no change to the terms and conditions of your original contract and your plan would continue as normal.