Insight into equity release

With positive demographics, the pensions funding gap and changing attitudes towards inheritance and retirement, it is a surprise that the equity release market is not significantly bigger than its current size of £1.2 billion. The reality is that the market has been held back by negativity in the consumer press and the general misconception that it could result in clients losing their homes. The equity release market has clearly come a long way from its origins in the mid 1960s and the days of home income plans and shared appreciation mortgages. Thanks to the efforts of SHIP and FSA regul...