Tuesday, Nov 24, 2009

Another big player pulls out of MEW.

FT: Prudential pulls out of equity release

"Prudential has confirmed it is set to pull out of the equity release market early next year, to join the ever increasing number of lenders to leave the sector over the last few months.Prudential said it would continue to serve its existing 14,000 customers but will not be writing any new business in the first quarter of 2010".

Posted by alan @ 11:45 AM (705 views)
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1 Comment

1. drewster said...

<sarcasm>
Oh noes! My house is my pension! What am I going to do now?!
</sarcasm>

Tuesday, November 24, 2009 01:23PM Report Comment
 

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