News
movewithus - Equity Release
2 October 2006
You can’t turn a page in the trade or national press without coming across an equity release article. Whilst most present a balanced view of the equity release market and the products available, there is still a proportion that don’t present a true reflection of the many benefits associated with such schemes.
The market has witnessed a significant change and growth over the last 20 years with the main drivers being the continued upturn in residential property prices and the more recent downturn in government’s pension provision.
Providers are eager to ensure that IFA’s are fully aware of the product ranges available and the high rewards on offer. It still remains difficult to emphasise the importance that such products can play a significant part in pension planning as well as offering a route to releasing funds to purchase high value goods, which once only may have been a dream.
As experts in valuation, maintenance and the management of void property, movewithus supports providers with their award winning solutions to ensure the maximum open market value is achieved on disposal of the asset whilst achieving significant savings in time and resource.
By utilising their national panel of independent member estate agents and operating to best practice principles, the impact on releasing funds has provided the answer to many lenders’ concerns. With a proven track record in property disposal management, coupled with an ability to offer complete transparency through real time reporting systems, movewithus’ clients are able to interact and review performance at every stage in the process.
New regulations are in place for 2007 which are to positively affect the reversion market by raising consumer confidence. It is predicted that the reversion product will be revived to be in line with the currently favoured lifetime mortgage.
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