The case for reversions

The market for equity release products in the UK was one of the few mortgage-related sectors that continued to show signs of strength during 2008. While overall figures for the year will probably show a slight drop in lending volume as compared to 2007, there will be no dramatic difference. This is a sure sign that significant demand for the products exists and given the current climate, one would suggest that it will grow considerably. Many involved in the UK equity release market have long suggested that a period of rapid expansion is poised to happen. Given the current economic outlook...