Stonehaven Equity Release has joined industry body SHIP (Safe Home Income Plans), which represents over 90% of the equity release sector.

Stonehaven’s membership brings the total number of SHIP members to 21.

Stonehaven Equity Release launched in August 2006 and offers a number flexible lifetime mortgage products including some available to borrowers from the age of 55 who may still be in employment.

All providers who apply to join SHIP must have products and processes that comply exactly with the SHIP Code and Rules.

For the whole range of Equity Release Mortgages go to www.Mortgage-Shop.co.uk or FREEPHONE them 7 days a week on 0800 092 0800.

Jon King, chief executive of SHIP, said: “As the third equity release provider to gain admittance to SHIP this year we have already surpassed the total number of new entrants in 2005. Stonehaven has enjoyed incredible success since its launch and is opening up the market to borrowers who previously could not gain access."