Saturday, May 06, 2006

'High risk' home reversion soars

This is Money: 'High risk' home reversion soars

THE number of people signing up to 'high risk' home reversion schemes has increased rapidly despite their unregulated status.

Figures released today have shown a 41% increase in the value of the home reversion market in the first three months of 2006 – from £13.4m to £18.9m.

Posted by Jason @ 02:53 PM (641 views)
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1. Uncle Tom said...

There were many who thought that this would be the big 'New thing' a couple of years back, yet the numbers show that it is still very small beer in the overall scheme of things.

Needless to say, the ever-feeble FSA has not got round to preventing people from being ripped off yet...

Saturday, May 6, 2006 05:06PM Report Comment

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