Home reversion sales aid published

Published on

Bridgewater Equity Release has launched a sales aid for advisers outlining the reasons why one of its reversion plans may be a suitable form of equity release for a client.

The aid offers reasons why a potential equity release client may find a reversion plan more suitable for their needs.

It is designed to help advisers in their sales and advice process by highlighting a number of the fundamental attitudes, ideas, and beliefs that potential home reversion clients often have. These might include a conservative view on future house price inflation or an optimistic attitude to risk on their life expectancy.

They could also include wanting to ensure that a percentage of their property will be left to their estate or the certainty of further releases in the future if they have not released the maximum cash possible.

Bridgewater Equity Release says the research from Which? last year revealed that some equity release advisers were too quick to dismiss the home reversion plan option based on misunderstanding or misconceptions about the product and its place in the market.

Advisers can access and print a copy of the Reasons Why sales aid by visiting the new Bridgewater Equity Release website: https://www.bridgewaterequityrelease.co.uk/advisers/resources/

Peter Welch , head of sales and distribution at Bridgewater Equity Release, said: “This ‘Reasons Why’ sales aid for equity release advisers continues our commitment to providing regular information about not just home reversion plans but also on a variety of issues which are often raised by clients. This particular document outlines the varied reasons why a potential equity release client may be better suited to a home reversion plan rather than either a lifetime mortgage or another option.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The West Brom widens mortgage access for foreign nationals

West Brom Building Society has launched a mortgage range for foreign nationals living and...

Wealthy borrowers favour liquidity as specialist lending grows

High-net-worth borrowers are increasingly using finance to preserve liquidity and manage their wider wealth...

MIMHC extends mental health survey after record industry response

Mortgage professionals have been given an extra week to contribute to the Mortgage Industry...

e4 Strategic signs Project 28 Charter to speed up property transactions

Proptech provider e4 Strategic has joined the Project 28 Charter, an industry initiative intended...

Nomo joins Omni Mortgage Club lender panel

Omni Mortgage Club has added Sharia-compliant property finance provider Nomo to its lender panel. The...

Latest publication

Other news

The West Brom widens mortgage access for foreign nationals

West Brom Building Society has launched a mortgage range for foreign nationals living and...

Wealthy borrowers favour liquidity as specialist lending grows

High-net-worth borrowers are increasingly using finance to preserve liquidity and manage their wider wealth...

MIMHC extends mental health survey after record industry response

Mortgage professionals have been given an extra week to contribute to the Mortgage Industry...