Equity Release Mortgages are socially useful products, but their regulatory treatment in the UK has lately received a fair amount of press coverage. To get a comprehensive picture of where the UK regulators stand on this product and what this might mean for your firm, please read our market leading series of blogs covering this issue.
- “The PRA tightens its approach on equity release mortgages” (August 2018)
- “Insurer investment in equity release and the “right” level of the risk margin: the PRA’s latest view” (May 2018)
- “Equity release: the FCA’s scrutiny is set to increase further” (March 2018)
- “Equity Release Mortgages – where does the PRA now stand” (September 2017)
Beware hidden traps in British equity release mortgage products Two key ways lenders can lose out are longevity and a fall in house prices