Excessive interest in equity release

Mirfin, Dean
July 2006
Mortgage Strategy;7/10/2006, p39
Trade Publication
The article focuses on the growth of Great Britain's equity release market in 2006. Some developments in the sector include the continued popularity of drawdown and the relative stable pricing despite increases in Safe Home Income Plans. The increased availability of drawdown products is coming at a price, prompting some providers to start charging for funds held in reserve for drawdown; thus inflating the true cost of borrowing.


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