Safe Home Income Plans [SHIP]

We follow a practice of only recommending lenders and buyers who are members of SHIP – Safe Home Income Plans. Effectively SHIP members are bound to adhere to a Code of Practice which by its nature guarantees fairness, honesty and safety. Among members rules are:

  • Provision of fair, simple and complete presentation of their plans. The benefits , obligations, variables and limitations as well as all costs, taxation, moving home and the effect of changing property values must be fully and clearly set out in their literature
  • It guarantees that the legal work will always be carried out by solicitors of the client’s choice
  • A SHIP certificate will be issued and this will state the main cost to the householder’s assets and estate
  • A member of SHIP will always provide a ‘No Negative Equity’ guarantee. No matter what happens in the market you will never owe more than the value of your home
  • A SHIP member company will always give you the right to remain in your property for the whole of your life [and where applicable, your partner’s life]

For more information on Lifetime Mortgages and Home Reversions plans

Call us on 0845 013 4561 or email us at john.land@honnisterpartners.com

Equity Release Consultants is a trading name of Honister Partners Ltd. Honister Partners Ltd is an appointed representative of Sage Financial Services Ltd which is authorised and regulated by the Financial Services Authority. Sage Financial Services Ltd is entered on the FSA register (www.fsa.gov.uk/register) under reference 150452. Honister Partners Ltd Registered Office: 1 Nicholas Road, London, W11 4AN. Registered in England and Wales No. 06923303. The information and content of this site is directed at UK consumers only & is subject to the UK regulatory regime.