A look at equity release products
The equity release market has come a long way since the late 1980s when the image of the product was tarnished by high risk, investment-linked home income plans. Since then, with the advent of the trade body, Safe Home Income Plans (SHIP), new safer products have been launched with a 'no negative equity' guarantee. Recent FSA regulation of Home Reversion Plans means UK homeowners can now benefit from a mature, well regulated market and seek equity release advice with greater confidence. The two types of Equity Release products available are Lifetime Mortgages and Home Reversions.
Find out about our two Equity Release Products designed to give clients a choice of flexible, cost effective ways to release equity from their homes. All our plans offer a 'no negative equity' guarantee and a range of flexible drawdown facilities. Just Retirement is proud to be a member of SHIP.
"Since 2005 Just Retirement has advanced more than £240m* to over 5500* customers and is now one of the market leaders with over 12%* of the UK's equity release market"*
Source:
* Just Retirement January 2008
** Just Retirement figures Q3 and SHIP figures Q3, 2007.