RAMP adds support to home reversion

SYH says, while lifetime mortgages are a more traditional form of equity release, home reversion has become more popular given the current problems in the mortgage and housing markets. The provider says it can also offer an alternative to over 50s looking to remortgage but who are unable to find affordable options in the current climate. John Rice, managing director of RAMP, explains: “In the current market up to a quarter of adverse enquiries cannot be placed with the traditional specialist lenders. SYH Charterhouse is authorised by the FSA and provides a very realistic alternative to ...