Mortgage Business Expo, which will be held at the Barbican on 13 October, will include an equity release pavilion for lenders and retirement planners to meet brokers and discuss the opportunities of this form of finance which has grown significantly in recent years.
With £934m being released in the first half of 2016, equity release could smash through the £2bn barrier for the first time. There are many over 55s who are struggling to pay off their mortgage or want a more comfortable retirement and the option of releasing some equity from their home via a lifetime mortgage is a viable option.
The CPD accredited seminar programme will also have several speakers presenting on the equity release market and the ways in which brokers and IFAs can benefit from including equity release in their offering to clients.
Andrea Rozario, chief corporate officer of Bower Retirement Services and Nigel Waterson, chairman of the Equity Release Council will provide insights and analysis of the sector and key points for developing equity release as an option for finance advisers.
Specialist exhibitors include Age Partnership, Key Retirement and Pure Retirement, One Family, more 2 life, Shepherds Friendly, Hodge Lifetime as well as the Equity Release Council and the FCA.
Mike Mikunda, from MBE, said: “At MBE we always ensure that our seminars give a real focus to the current hot topics within the wider finance and lending industry. Our high level seminar speakers will provide key information that brokers and IFAs will be able to use to help take their businesses forward. By attending the seminars brokers and IFAs will also qualify for valuable Cll CPD points.
“We have over 50 financial companies and industry bodies at the event and as the longest established and the most well respected Expos, we are delighted to be holding another event in London as we have done for over 16 years.”
Registration is free, and now open for brokers and IFAs and they will have the opportunity to directly discuss the finance and planning needs of their clients with major financial brands such as building societies, specialist lenders, retirement planning providers and industry bodies attending include the FCA, the Equity Release Council and the Society of Mortgage Professionals.