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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.
It’s the value of the assets you own (in this case, your property) minus any debt such as a mortgage.
For example, if your home is worth £200,000 and you have a mortgage of £80,000, then you have £120,000 equity.