Home reversion plans coming back


Home reversion plans had some bad press a few years ago and rightly so. I don’t think anyone could argue that the industry wasn’t in a bit of a mess. More regulation is in place and IFAs need to take a home reversion exam before giving advice. Not only this, the equity release industry has tidied itself up on its own accord and is making a great name for itself amongst the public and the circles that matter. The press will continue to talk rot about the home reversion industry until the news stories from this successful cycle start to filter back to them. Lazy journalists are the biggest contributor to the bad press that surrounds equity release and home reversion plans and until they stop recycling old news without a good sense of editorial judgement this will continue.

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