Equity Release to become mainstream within 5 to 10 years

 

The Mortgage Strategy has covered new research by LV= which looks into advisers’ attitudes towards equity release, finding that they expect equity release to be a mainstream product within 10 years. The study also found that consumers’ misconceptions and perceived complexity were seen as the biggest barriers to advising on equity release.

Andrew Gilbert, Director of Proposition, Savings and Retirement at LV=, offers a positive endorsement of the ‘important’ role the Council plays in informing advisers, noting the wealth of online materials including the Adviser Guide to Equity Release

 

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