Bridgewater Equity Release, the home reversion specialist, has raised the maximum amount of cash available to be released through its range of home reversion plans to £250,000 from its previous limit of £100,000.
The £250,000 release is available for all Bridgewater’s home reversion products including the maximum release plan, flexible release plan and secured escalating release plan.
Peter Welch, head of sales and distribution at Bridgewater Equity Release, said the rise to £250,000 was proof of its commitment to the market
He added: “We have now entered 2010 with an intention to build on our position of leadership in the home reversions sector and this increase in the maximum release available to £250,000 shows the way forward.”
