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Property Forums : Equity Release

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Equity release and good practice...

By: Mary65 [4-July-10 7:59PM]
13 posts
No picture yet!

What constitutes good practice in equity release, and for that matter what is bad practice that should be avoided?

It is pretty hard to find out much about equity release being a niche product, but I have been browsing around and found some various sources of interesting information.

The FSA that much maligned body has a useful guide that describes some good practices when it comes to equity release and indeed also some not so good practices that might be worth looking at if you are considering equity release opportunities:

http://www.fsa.gov.uk/pages/Doing/small_firms/mortgage/PDF/lifetime_mortgages.pdf

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