Retirement Plus has launched its Property Plan equity release product in Scotland it was announced today.
The home reversion product differs from similar offerings by allowing customers to give up their share of a property in stages so that they continue to own a larger percentage of their home for longer, according to Retirement Plus. The product is available exclusively through FSA authorised intermediaries and Retirement Plus says it is their policy to ensure that customers receive independent advice before taking one of their products. Duncan Young, managing director of Retirement Plus, says: “We have already met with a number of leading Scottish brokers and are confident that the product...
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