SHIP plan equity release review

Posted in General

16th April 2010

Safe Home Income Plans (SHIP) has launched a survey to investigate the relationship between equity release and state benefits.

The questionnaire has gone out to advisers who, in consultation with their clients, will relay their opinions and experiences of equity release.

SHIP will release their findings in mid-June and hope that they will be able to clarify matters so that people who are looking into getting a lifetime mortgage or home reversion plan have the best advice possible available to them.

Director General of SHIP, Andrea Rozario, has stated that whilst "the Government is in a state of change… older customers must not be sidelined."

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