Retirement Plus introduces fee-free plan

The Property Plan, which is being renamed the Classic Property Plan, will remain the same as the original home reversion offering but with no fees for successful applicants. As part of the criteria changes, completion fees for the Classic Property Plan will be waived, and valuation fees have been reduced and will be refunded to customers upon completion. Duncan Young, chief executive of Retirement Plus, says the plan will retain the flexibility of its predecessor, allowing consumers to pass on an inheritance and buy-back the provider’s share of a property. Retirement Plus is also laun...