The SHIP Members

Bradford & Bingley plc
PO BOX 88, Croft Road, Crossflatts, Bingley,
West Yorkshire, BD16 2UA
Call 0800 11 33 33
Visit your local Bradford & Bingley branch
Log on to www.bradfordandbingley.co.uk

Authorised and regulated by the Financial Services Authority

Bradford & Bingley was formed as a result of the merger of the Bradford Equitable Building Society and the Bingley Building Society, both of which were established in 1851. We have been helping customers ever since.

At Bradford & Bingley we recognise that everyone is different. That's why we have a range of Lifetime products designed to fit with your individual needs and circumstances.

Our Lifetime mortgages give you the opportunity to release equity from your home and use it for whatever you choose – whether it’s to plan an exotic holiday, help your children get on the property ladder, treat your grandchildren or simply give you a more comfortable retirement.

Bradford & Bingley plc also offer Lifetime mortgages through Mortgage Express, our specialist intermediary lending arm. Please contact your mortgage broker or IFA for further details.

Mortgage Express
Unit 4, Imperial Place, Maxwell Road,
Borehamwood, Hertfordshire, WD6 1FH
Freecall: 0500 0500 20
www.mortgage-express.co.uk
Authorised and regulated by the Financial Services Authority

Bridgewater Equity Release Limited
Citygate, St James Boulevard, Newcastle upon Tyne NE1 4JE
Tel: 0808 100 1065
Website: www.bridgewaterequityrelease.co.uk

Authorised and regulated by the Financial Services Authority.

Bridgewater is a subsidiary of Grainger plc. Established in 1912, Grainger is listed on the London Stock Exchange and is the largest quoted residential property owner in the UK. Bridgewater is the leading provider of home reversion plans with over 3,000 home reversion customers.

Bridgewater offers homeowners over the age of 65 the opportunity to sell all or part of their property in exchange for a cash sum or series of annual escalating payments whilst remaining in their home rent free with complete security for the rest of their life. Our plans are available in England, Wales and Scotland.

Voted Best Reversion Provider at the 2006 Equity Release Awards and winner of the Award for Innovation at the 2006 Investment Life & Pensions Moneyfacts Awards.

Bridgewater will only accept applications from intermediaries who are authorised and regulated by the Financial Services Authority.

Bristol & West Mortgages
Bristol & West Mortgages, One Temple Back East,
Temple Quay, Bristol BS1 6DX
Intermediary Enquiry Line: 0117 943 2288*
Consumer Enquiry Line: 0845 300 8000*
Website: www.bristolandwest4brokers.co.uk
Authorised and regulated by the Financial Services Authority

Bristol & West Mortgages, part of the Bank of Ireland Group, first opened for business over 150 years ago, which means we have a depth and breadth of experience few other lenders can offer.

Our Lifetime mortgages are designed for homeowners aged 60 and over. They provide you with the opportunity to release a cash lump sum secured against the value of your home. As a member of SHIP, you have the reassurance that Bristol & West Mortgages belongs to an organisation dedicated to the fair and proper marketing of equity release plans.

Bristol & West Mortgages lends through IFAs and Mortgage Brokers, as well as direct to consumers.

*All calls may be recorded for training and monitoring purposes.

Authorised and regulated by the Financial Services Authority

The Coventry has been helping people with their savings and mortgages for more than 100 years so we’re a name you can trust. We’re the 4th largest building society in the UK. As a mutual society we operate solely in the interests of our members and can provide competitive products designed around their needs.

We offer a fully advised equity release lifetime mortgage service through our dedicated telephone advice team.

We also provide the same range of products through Godiva Mortgages Limited our specialist intermediary lending division.

Dunfermline Building Society
Caledonia House
Carnegie Avenue
Dunfermline KY11 8PJ

Intermediaries in Scotland. Tel: 01383 627713

Intermediaries outside Scotland. Tel: 0845 402 0392*

Consumers. Tel: 0845 402 0392*

Website: www.dunfermlinelifetime.com
Authorised and regulated by the Financial Services Authority

At Dunfermline Building Society we really get to know our customers so we can offer the products that are right for them.

Creating products like our Lifetime Mortgage for our customers is typical of our approach. We have taken great care in the design - it has flexibility built in.

You decide when you would like your payments made to you and if you require additional borrowing, this can be reviewed in the future. You can also choose from flexible drawdown options, with the opportunity to take a monthly income for the life of the mortgage.

Should you move, there is an option to transfer your Lifetime Mortgage to your new home. And if you want, you can protect some of the equity in your property in order to guarantee an inheritance for your children.

*Calls may be recorded for your protection and security, and for staff training purposes.

Hodge Equity Release
30 Windsor Place, Cardiff CF10 3UR
Freephone: 0800 731 4076
Website: www.HodgeEquityRelease.com

Hodge Equity Release introduced the very first equity release plans in 1965 and is the longest established equity release provider in the UK.

We are committed to treating customers in a fair and open way and our products are sold exclusively through intermediaries ensuring that consumers are provided with fully independent financial advice allowing them to make an informed choice.

At Hodge Equity Release, we recognise the individual needs of the customer and have tailored our equity release products accordingly. Available from age 55, our plans are simple to understand, flexible and transparent which fully supports the company ethos of clear and open business.

We pride ourselves on the friendly and personal service we have been offering to clients for over 40 years and as a founder member of SHIP (Safe Home Income Plans) we are committed to ensuring that our plan holders will never be at risk from any of the plans we offer.

Hodge Equity Release is a trading name of Julian Hodge Bank Limited and Hodge Life Assurance Company Limited which are authorised and regulated by the Financial Services Authority.

Home & Capital
31 Goldington Road, Bedford MK4O 3LH
Freephone: 0800 253657
Website: www.homecapital.co.uk
Email: enquiries@homecapital.co.uk

Home & Capital Trust Limited, a founder member of SHIP, has been arranging and administering home reversion plans since we introduced them to the market in 1978. Authorised and regulated by the Financial Services Authority, Home & Capital is a subsidiary of Sovereign Reversions plc, the specialist equity release group, listed on the Alternative Investment Market of the London Stock Exchange.

Home & Capital offers a range of home reversion plans to homeowners over 65, providing a tax-free lump sum payment, or series of payments, in exchange for the purchase of part or all of their property. The homeowner also receives a lease for life, noted at the Land Registry.

Our associate, Home & Capital Advisers Ltd, is regulated to provide equity release advice. Its area managers visit homeowners on request to explain the plan in detail. We also accept applications from regulated intermediaries

As plan administrator, Home & Capital currently manage around 2,000 plans.

In Retirement Services
2 Alexandra Gate, Pengam Green, Cardiff, CF24 2SA
Telephone: 0800 70 75 80
Website: www.inretirementservices.co.uk

In Retirement Services are specialists in the equity release market with staff who are highly experienced in providing equity release solutions to the retired market.

In Retirement Services currently offer the Equity Advance Plan which gives customers the opportunity to exchange part of the value of their property to provide them with a taxfree cash lump sum, without having to sell up and move. There’s also the option of a monthly income which is guaranteed for life.

In Retirement Services are pleased to support the aims of SHIP and are committed to following its code of practice.

Just Retirement is a specialist provider of equity release products for those people in or at retirement. Our products are only available through authorised financial advisers.

Our Equity Release Plan offers flexibility, choice and value for money and is designed to help customers over the age of 60 who want to maintain their pre-retirement lifestyle.

There are two products to choose from – the Roll-Up Lifetime Mortgage or Fixed Lifetime Mortgage. With each mortgage, customers can opt to take a tax-free cash lump sum or draw down money as and when needed – or both. The Fixed Lifetime Mortgage is unique, allowing customers a number of benefits in return for taking out a fixed charge against their property.

We fully support SHIP’s key principles and believe you should always take professional independent advice when considering Equity Release as an option.

About Us

At LV=, we focus on providing capital and income retirement planning products, offering a brighter future for those who are planning, or already in, retirement.

LV= offers an Equity Release Lifetime Mortgage, offering clients the choice of releasing a sum of money against the value of their home.

If you have equity tied up in your home and feel you need access to some of this capital to help you make ends meet in retirement, or to enhance your lifestyle, our equity release scheme could help you. For more information on LV=, visit our website at www.LV.com.

more 2 life
PO Box 1168, Preston, PR2 0GB

Tel: 08454 150 150
Fax: 08451 260 060
email: info@more2life.co.uk
website: www.more2life.co.uk

more 2 life is the specialist lending arm of the Key Retirement Solutions Group who have been an equity release specialist for over ten years and have helped over 400,000 people decide if equity release was right for them.

Due to their extensive knowledge of customer needs, more 2 life have designed and produced equity release plans with the customer in mind, plans that will enhance customer’s lives, releasing cash safely and efficiently. To ensure these values are upheld, the safeguards and guarantees offered by the SHIP Code of Practice are core to a more 2 life plan.

Taking an equity release plan is one of the major decisions a customer can make and more 2 life believe that they should have the best possible choice. So, more 2 life plans are only offered through FSA authorised firms who have suitably qualified advisers.

National Counties Building Society
Church Street, Epsom, Surrey KT17 4NL
Tel: 01372 744155 (Mortgage Centre)
Email: mortgage.centre@ncbs.co.uk
Website: www.ncbs.co.uk
Authorised and Regulated by the Financial Services Authority
Member of the Council of Mortgage Lenders

National Counties epitomises the traditional values of a building society, with its customer-focused approach, but in a modern form, with full use being made of technology to allow account operation by post, telephone or the Internet.

The Society’s much envied financial strength and exceptional operating efficiency provide the basis for the sustained competitiveness of its savings and mortgage products.

National Counties’ Lifetime Mortgages are specially designed to allow customers to manage their financial affairs, by drawing on their borrowing facility only as necessary to suit their changing circumstances. All the while they are secure in the knowledge that the product terms fully comply with SHIP’s high safety standards.

For the benefit and protection of customers, National Counties’ Lifetime Mortgages are only available via FSA Authorised Intermediaries.

New Life Mortgages Limited
Registered Office :
Warwick House, 737 Warwick Road, Solihull,
West Midlands, B91 3DG
Telephone : 0121 712 3800 Fax: 0121 712 3859
Website: www.newlifemortgages.co.uk
Email: enquiries@newlifemortgages.co.uk

New Life Mortgages was formed with the sole objective of helping people to take advantage of the growing opportunities in the UK Equity Release market. We specialise in providing equity release mortgage loans to the over 60’s.

All of our lifetime mortgages comply with the SHIP “Code of Practice”. In addition New Life Mortgages is a Member of the Council of Mortgage Lenders (CML) and is authorised and regulated by the Financial Services Authority.

New Life Mortgages’ products are sold exclusively through a select panel of intermediaries who are also appropriately authorised and regulated by the Financial Services Authority and who work closely with us in designing and retailing such loans.

We also provide mortgage products on properties, other than your main residence, that are not regulated by the Financial Services Authority. This includes UK holiday homes and residential investment properties. Please ask your financial adviser for details.

Northern Rock plc
Registered Office:
Northern Rock House, Gosforth, Newcastle upon Tyne NE3 4PL
Tel: 0845 60 50 500
Website: www.northernrock.com

Northern Rock offers an innovative and competitive range of Lifetime Mortgages for homeowners aged 60 and over. Our unique product options include a cash lump sum, a monthly cash release for life or a combination of both to suit individual needs.

Northern Rock called upon over 150 years of experience as a specialised mortgage provider when designing our distinctive market leading Lifetime Mortgage range. We have built in safeguards that homeowners were demanding, which now includes the option of protecting a guaranteed proportion of the eventual sale value of the property, available with our unique Protected Equity Lifetime Mortgage.

Lifetime Mortgages offered by Northern Rock are available through Independent Financial Advisors, Mortgage Brokers or direct through Northern Rock Direct or your local Northern Rock branch.

Northern Rock manages assets of over £81 billion and has over one million savers and borrowers.

Norwich Union Equity Release Ltd
PO Box 520, Surrey Street, Norwich, NR1 3NG
Tel: 0845 302 0111
Website: www.norwichunion.com/equityrelease

As an Aviva company, Norwich Union is the UK’s largest insurer. Treating customers fairly, understanding their needs and maintaining their trust is key to our success as a business. Our research and market expertise enable us to provide an extensive range of value-for-money, good quality products, designed to meet your needs, both now and in the future.

Our lifetime mortgages provide flexible opportunities for those nearing, or fulfilling their retirement aspirations. Since 1998, over 63,000 consumers have used our market leading product range to release over £2.3 billion of equity from their homes.

We are committed to offering our consumers first class customer service and lifetime guarantees. Free, face to face advice is offered from one of our fully qualified Financial Advisers and ensures that each individual consumer enters into a plan with all of their questions answered, and needs addressed.

Together with 30 million customers worldwide you can certainly feel confident with your choice of Aviva!

Partnership Home Loans
2nd Floor, Regent House, 1-3 Queensway, Redhill,
Surrey, RH1 1QT
General Enquiries: 0845 108 0582
www.partnershiphomeloans.co.uk

Partnership Home Loans has introduced an innovative approach to Equity Release.

Using our sister company Partnership Assurance’s 11 years of expertise of impaired lives, we underwrite each case, determining the homeowners actual life expectancy rather than using the average mortality.

The difference, which can be significant, means we could offer larger lump sum payments for the same percentage of equity released than other providers.

What’s more we do not require a medical examination, just the doctors details and we’ll do the rest.

An improved return doesn’t mean a complicated procedure though. Our intermediary website can provide online illustrations, indicating how the Plan benefits the homeowner, and providing guidance on whether to progress the case.

Partnership Home Loans Reversion Plan is only available through IFAs and Mortgage Brokers.

Prudential
Prudential Lifetime Mortgage,
Stirling FK9 4UE
Freephone: 0800 316 9959*
Website: www.pru.co.uk
Or talk to your Financial Adviser

At Prudential we realise that many people want more flexibility when releasing the money in their home. That’s why we’ve developed the Prudential Lifetime Mortgage, which gives you just that.

Furthermore, Prudential is a name you can trust and our membership of SHIP, along with the fact that lifetime mortgages are regulated by the FSA, should give you further peace of mind.

Taking out a lifetime mortgage could reduce your eligibility for means tested benefits, it could also affect your tax position and your ability to move or sell your home. Interest on the loan will reduce, possibly to nothing, the amount that you or your estate receives when your home is eventually sold. You will be obliged to keep your home in good repair. * Calls may be monitored or recorded for quality and security purposes.
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.

Retirement Plus Ltd
Prince Frederick House, 37 Maddox Street, London W1S 2PP
Tel: 0845 850 8510
Website: www.retirement-plus.co.uk
Authorised and regulated by the Financial Services Authority

Retirement Plus is a Milton Homes company which specialises in providing equity release products. The Retirement Plus Property Plan is a home reversion plan which allows UK residents aged 65 or older to receive full market value for a share of their property at the start of the plan, in return for which they grant Retirement Plus an option to acquire an increasing beneficial share in the property over the life of the Plan. Significantly, this product means the owner can release their share of the property over time, rather than giving up the full amount at inception. The homeowner can also elect to retain a “protected share” of the property.

Retirement Plus only accepts business from customers who have received advice from their own financial adviser who must be registered with the FSA.

Standard Life Bank
Freestyle® Lifetime Mortgage
20 Brandon Street
Edinburgh EH3 5PP
Tel: 0845 609 0254*
Website: www.freestylemortgages.com
Authorised and regulated by the Financial Services Authority
Member of the Council of Mortgage Lenders

Freestyle® Lifetime Mortgage offers a way in which people over 60 can make the most of their most valuable asset – their home.

These days more and more people choose to use lifetime mortgages, like the Freestyle Lifetime Mortgage, as a way of enhancing their lifestyle or providing finance in retirement.

Freestyle Lifetime features a ‘no negative equity’ guarantee and the lifetime security of retaining ownership of your property. It is available exclusively through IFAs and mortgage introducers.

Standard Life Bank’s membership of SHIP provides peace of mind as we fully adhere to SHIP’s ‘Code of Practice’.

* Telephone calls may be monitored and recorded to help us improve customer service. For customers with hearing or speech difficulties - please call our textphone facility direct on 0845 601 2346.

Stonehaven is an Equity Release specialist. Our innovative approach recognises that people over the age of 55 have varying needs. That’s why we offer the widest range of Lifetime Mortgages which provide more choice, greater flexibility and more guarantees. For example, you can choose to take the money when you need it and we are the only SHIP members to offer the choice of paying the interest on the loan. We will also consider slightly unusual properties.

Our unique products are only available through authorised financial advisers.

Stonehaven fully support SHIP’s key principles and is committed to following its code of practice.

Stroud & Swindon Building Society
Rowcroft, Stroud, Gloucestershire GL5 3BG
Tel: 08457 25 24 23*

Member of the Building Societies Association and subscriber to the Banking Code. The Society is authorised and regulated by the Financial Services Authority (Registration number 164588) and introduces only to the Norwich Union Marketing Group, members of which are authorised and regulated by the Financial Services Authority for life assurance, pensions and investments. Any financial advice given will relate only to the products and services of the Society and Norwich Union.

Stroud and Swindon Building Society has a wealth of experience in Financial services and have been providing customers with attractive mortgage and savings products for over 150 years.

Stroud and Swindon are the largest independent Building Society in the Southwest and are committed to provide good value to members through a wide range of mortgage; savings and insurance products, which are all backed up with excellent service.

We are proud to be the first Independent Building Society to become members of SHIP and fully support SHIP’s key principles of providing customers with a fair, safe and complete presentation of our scheme.

*Telephone calls may be monitored and recorded for training and security purposes.

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