December 2, 2007
Regulation needed in home loan reversion
The Association of British Insurers is attempting to further protect consumers by campaigning for the regulation of home loan reversion plans. Home loan reversion plans let mortgage homeowners release some or all of the capital that is contained within their property. Should you wish to release this capital the lender will give you the percentage you want immediately and then take the same percentage from the value of your property when you come to sell it.It is possible to release 100 per cent
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