Bower Retirement Ltd is based at the Ongar Business Centre (OBC) in Ongar. They offer impartial equity release face-to-face advice to homeowners in the UK for over 55’s and those in retirement. Bower is a national What Mortgage Awards 2019 winner for Best Equity Release Broker Customer Service. This is the 7th consecutive year that they have won a What Mortgage Award for equity release.

Bower is an equity release specialist and provides independent, high quality impartial financial advice and comprehensive customer support at interest rates tailored to the customers’ requirements. Their core departments include a friendly Customer Service Centre and dedicated staff in IT, Compliance, Finance and Operations.

Bower Retirement

Bower Retirement's move to the Ongar Business Centre

Bower Retirement began operating in 2006 as Bower Mortgage Company, focused on advising and arranging mortgages and protection policies. Later that year, they expanded their services to offer advice on equity release and became Bower Retirement. The company moved from their small offices in Brentwood to a much larger space at Ongar Business Centre in 2011.

Bower CEO Geoff Charles grew up just fifteen minutes from Ongar Business Centre’s location in Ongar, in the village Havering-atte-Bower. The word bower can mean shelter or protection, which is exactly what the company aims to provide to its customers. Being so close to where it all began, Ongar Business Centre seemed like a perfect location that was also local for staff.

Old couple on laptop

How Bower Retirement has benefited from their move

Bower Retirement has expanded from a handful of staff in their small office in Brentwood to employing a vast amount of staff at their much larger head office at OBC. In 2016, Bower grew its services by launching Bower Private Clients and Bower Partnerships. Bower has carried on steadily growing; they have gone from being county-wide to nation-wide and now have experienced highly qualified advisors in all parts of the UK including Scotland, Wales, and Northern Ireland.

Bower Retirement

Awards and initiatives

Along with the aforementioned ‘What Mortgage Awards’ victory in 2019, Bower Retirement has also been nominated for and won several other awards. Over the years, the company has received numerous annual awards for the best equity release advice voted for by both the public and their industry partners. For the last 5 years, Bower Retirement has been accredited as a Gold Trusted Merchant by Feefo – their review site partner, and hold an incredible 5 Star rating for their reviews. Additionally, Bower is often quoted in newspapers such as The Times, The Telegraph and the Daily Mail.

As the company has grown, they have been able to launch initiatives to help reward and give back to their customers, organise charity events and most recently have created an online hub of information to help customers start living the way they want. Bower has also created jobs and employed many staff in the local area for its head office, as well as a team of advisers around the UK.

See here for more information about Bower Retirement.

About the Ongar Business Centre

The Ongar Business Centre (OBC) is a business incubation space in Ongar. It offers a range of accessible office spaces and conference rooms to provide supportive and conducive environments for start-ups and early stage businesses growing their businesses.

Hundreds of individuals, start-ups and early-stage businesses have taken their first steps on the road to success at OBC. The Ongar Business Centre aims to support and promote entrepreneurship, particularly with companies who incorporate elements of innovation in their business.

See here for more information about the Ongar Business Centre