Newcastle Building Society has expanded its equity release service to include advice on home reversion plans. John Digman talks to Helen Morrissey about the new service
Tell me about Newcastle Building Society's expanded equity release service? We have offered an advisory service on lifetime mortgages for some time but we are now covering home reversion plans as well. We extended the service in response to the regulation of home reversion plans in April 2007. It's taken a lot of hard work to get this far as we had to take a close look at the business and make sure that our processes were robust enough. Reputation is everything in this business and we had to make sure we had the resources and capability to offer a good solid service. We had to ensure th...
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