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Equity Release Week – What did you miss?

by: Mortgage Solutions
  • 12/12/2011
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Equity Release Week – What did you miss?
All this week, Mortgage Solutions has been examining the key issues in the equity release industry, with insight and analysis from experts across the sector.

Monday

Reporter Simret Samra interviewed SHIP director general Andrea Rozario about the trade body’s mebership expansion, its work with the government and overcoming the challenges facing equity release in the next year.

Plus, the trade body offered its review of the key moments that have defined equity release over the last 20 years, since its launch.

In addition, Aviva at retirement director Clive Bolton discussed the issues around funding long-term care and why equity release, and brokers’ role in raising its profile, could be a vital part of the solution.

Tuesday

Bower Retirement Services’ Simon Chalk talked to features editor Kay McLellan about advisers’ 2012 prospects, why it may take a younger generation to embrace equity release fully and whether the end of gender-based pricing will affect the sector.

Dean Mirfin, group director at Key Retirement Solutions, offered his top five tips to help brokers stay on top of their game in equity release, while Bridgewater Equity Release’s Peter Welch reflected on why the least sold equity release plan, home reversions, is on the rise.

Wednesday

In Market Watch, equity release specialists from Just Retirement, Responsible Equity Release and Charles Cameron & Associates told us what they want to see most out of the 2012 SHIP relaunch.

And for those new to equity release, Newlife and LV= offered brokers a quick cut-out-and-keep guide to the pros and cons of home reversion, liftetime mortgages and drawdown plans.

Thursday

This week’s poll revealed that a whopping 55% of brokers are looking to get into the equity release sector in 2012, while a further 16% may do so, showing the market continues to grow in prominence among advisers and consumers.

Friday

Valunation’s Alison Beech explains why it is vital to understand the shifts in emphasis that impact equity release valuations when assessing the risks and benefits of such a loan.

To catch up on everything featured in Equity Release Week, click here

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