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By: Language: English Series: Estates Gazette ; (0742) 20 October 2007, 290-291(2)Publication details: 2007Subject(s): Summary: Considers how Financial Services Authority (FSA) regulation of Home Reversion Plans (HRPs) will affect investors, consumers and the home reversion investment market. Explains what HRPs are, why regulation of HRPs was needed, and what the new rules will mean for investors and consumers. Notes that FSA regulation will offer key benefits to consumers, including protection comparable with similar products such as lifetime mortgages. This may in turn make HRPs more popular and possibly competitive with other forms of equity release.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L140967 (Browse shelf(Opens below)) 1 Available 140967-1001

Considers how Financial Services Authority (FSA) regulation of Home Reversion Plans (HRPs) will affect investors, consumers and the home reversion investment market. Explains what HRPs are, why regulation of HRPs was needed, and what the new rules will mean for investors and consumers. Notes that FSA regulation will offer key benefits to consumers, including protection comparable with similar products such as lifetime mortgages. This may in turn make HRPs more popular and possibly competitive with other forms of equity release.