TITLE

Providers fill the equity release gap

AUTHOR(S)
Mirfin, Dean
PUB. DATE
June 2008
SOURCE
Mortgage Strategy;6/2/2008, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents the author's analysis on the issue of filling the equity release gap in Great Britain. It mentions ways to address the issue, wherein equity release firms should lengthen the early repayment charges. Particular focus is given to Godiva Mortgages, the first provider to spot the opportunity and gives customers the option to repay at any time without penalty.
ACCESSION #
32649345

 

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