Should more high street lenders move into equity release?

Although the poll is still open to intermediary comments, mortgage advisers say they want to see big-named lenders entering the equity release sector to help improve competition between product offerings and interest rates. Early indications are intermediaries do advise on lifetime mortgages, rather than home reversion products, yet intermediaries would also like to see more done to educate both consumers and the adviser sector. This is on the back of recent evidence from Prudential which suggests the equity release market could be worth £5bn by 2008. If you would like to add your though...