PHOTO: DomaCom

The crowdfunding platform DomaCom have launched their newest financial product, Senior Equity Release.

The Senior Equity Release will provide an adviser accreditation course that will enable financial advisers to provide sign-off to seniors 60 years and over looking for an equity release on their home.

DomaCom CEO Arthur Naoumidis said Senior Equity Release is the first financial product in this space.

“It will give financial advisers a significant place at the table in a growing and vulnerable sector that in many cases is asset rich and cash poor.

“Hence accreditation is crucial and the first group of advisers will be going through that over the next few days”.

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