IFAs support regulation of home reversion - NU

Reasons for continued client demand for this type of product include poor returns from investments and pensions, rising house prices, IHT, and “customers simply trying to make ends meet”, NU says. Many IFAs questioned (38%) suggested consumer confidence and understanding of products is key to growing the equity release market. Nearly all said this consumer focus was reason enough to impose regulations. More than half (54%) of those surveyed and in favour of regulating home reversion specifically said it should be the case all mortgage and loan products were regulated by the FSA. A ...