“Lenders have attempted to ‘normalise’ equity release by introducing measures to offer homeowners more flexibility and more competitive interest rates on lifetime mortgages.
The substantial growth seen in the market suggests this is working but with this will come increased scrutiny from regulators and the media, meaning providers must continue to work hard on restoring the industry’s reputation.”
– Paul Davies, Senior Financial Services Analyst
This Report discusses the following key topics:
The expectation of inheritance is dying out Peer power