Frequently Asked Questions

At Responsible we have preferential commission rates from the lenders so there is more money in each case. We receive up to 67% more commission than your high street IFA would for the same case.

For cases where the customer releases over £150,000, we pay 1% of the amount the customer releases. This is for your benefit and clarity because for larger cases, lenders can offer different and often complex terms and conditions.

No. Though this is quite a common misconception.

We carry all the responsibility for the advice.

The toolkit we provide also includes business-facing materials to help you engage with your colleagues about equity release.

Our referral programme offers a great introductory route to the sector with informative materials, a dedicated Partnership Executive on-hand to answer questions, and the opportunity to sit in on face-to-face client meetings.

Read through the materials in our Equity Release Toolbox to enhance your understanding.

You will be sent a welcome pack and be provided access to the members only Toolbox. Our dedicated partnership team will get in touch to talk you through the many ways introducers are getting involved in equity release.

We’ll support you in growing the revenue stream of this side of the business. We may carry all the indemnity risk of advice but it will be your responsibility to find the clients. We will help you every step of the way and show you real life examples of how people have added substantial revenue with no risk and little effort.

If you then refer a client to us, they will be contacted by one of our trained team members to discuss more details with them, including how much they could release and the potential interest rate available.

We then arrange for a home visit with one of our specialist advisers to discuss everything in detail including the features and risks, the alternatives and their recommendations.

Our system and your dedicated Partnership Executive will keep you regularly updated on the progress of your client’s cases.

We provide FCA compliant materials for you to present to clients who have approached you or who you think may be interested.

These materials are unbranded so that you remain the point of contact.

We can also provide an equity release calculator to place on your website, our system allows us to attribute clients who use this to you.

We also provide bespoke materials on request, such as posters, leaflets, and flyers if you have the facilities to display them.

The Association of Mortgage Intermediaries suggest equity release could reach £5bn by 2020.

The growth is here and we expect this to continue.

Household names such as Age UK, Daily Telegraph, Good Housekeeping, Reader’s Digest, the RAF, Daily Mail, Moneysupermarket, Saga and countless others are now actively promoting equity release.

As such, we believe your clients will be asking you more and more questions about equity release. Our Partnership Programme is designed to give you the tools and documents to answer their questions and provide them with a route to access the plans available without you losing control of the client.