CML targets support at equity release market

Growth of the lifetime mortgage or equity release sector has slowed over recent months in part because of worries about their suitability for some consumers and in part because the industry is in the process of preparing to gear up for FSA mortgage regulation. As a result, many intermediaries and lenders saw confidence in the sector drop, however, the CML is now developing ideas which it hopes will improve the content and quality of information given to potential clients. Most of the proposals relate to good business practice and the quality of information delivered to clients. ‘Go...