Hidden opportunities

The crisis currently affecting the sub-prime mortgage market is likely to have far-reaching consequences in a range of sectors. Interest rates for many borrowers have already increased. Property prices in many areas have fallen. While the repercussions of the credit squeeze are likely to carry on for some time, we should explore the potential implications the current crisis has for the equity release market. Providers The crisis in the sub-prime mortgage market is likely to have wider implications for other equity release providers as they seek to increase rates to widen margins, cover ...