Lexis®Library update: The forum will add to existing legal standards in the equity release sector, ensuring they remain fit for purpose to safeguard consumers’ interests. More broadly, members will be responsible for anticipating and highlighting emerging trends relating to legal processes in the equity release market.
The chairman of the Equity Release Council, David Burrowes, said: ‘The Legal Forum will provide unparalleled insight into the role of legal advice in the equity release process, which will only serve to strengthen the Council’s gold-standard consumer protections and safeguards. The Forum brings together representatives of major law firms who have industry-leading technical expertise. It will not only be crucial in helping evolve our standards but also in educating the wider industry about the role of legal advice in delivering good customer outcomes.’
Source: Legal Forum is launched by Equity Release Council
This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 4 May 2021 and is published with permission. Further information can be found at: www.lexisnexis.co.uk.
