000 01494cab a2200205 4500
001 L130800
008 050831n2005 000 0 eng u
035 _a(Sirsi) u130800
041 0 _aeng
100 _aRutter, Matthew
245 2 _aA level playing field
260 _c2005
490 _aEstates Gazette
_v(0534) 27 August 2005, 107(1)
520 _aExamines the Regulation of Financial Services (Land Transactions) Bill that is currently going through parliament. Its aim is to align the regulation of equity release and Islamic mortgage schemes with other products that have been regulated since 31 October 2004: home reversion schemes will be regulated by the Financial Services Authority (FSA) in line with other equity release products, a level paying field will be created for the regulation of Islamic mortgages and private sector tenure schemes will come under FSA regulation. The bill will offer the often vulnerable buyers of equity release schemes the same level of protection whether they opt for a mortgage-based scheme or home reversion.
590 _aIKA130905
650 _aREGULATION OF FINANCIAL SERVICES (LAND TRANSACTIONS) ACT 2005
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY FINANCE AND INVESTMENT-MORTGAGING RESIDENTIAL PROPERTY
856 _uhttps://www.publications.parliament.uk/pa/ld200506/ldbills/019/2006019.htm
_zView the Regulation of Financial Services (Land Transactions) Bill free of charge at www.parliament.uk...
942 _n0
999 _c75796
_d75796