SHIP challenges Which? To debate equity release concerns

Safe Home Income Plans (SHIP) has called on Which? To contribute to a sensible dialogue on equity release that will benefit consumers, reports Mortgage Solutions (11/12/06).

SHIP chief executive Jon King said Which? seemed unwilling to accept market forces meant equity release was increasingly becoming part of retirement planning. He said SHIP wanted to publicly repeat its invitation to Which? To work with SHIP, to improve the equity release sector, making it cheaper and more accessible to consumers.

King said “We invite Which? To submit any sensible recommendations for a next step, to sit on our independent complaints board or otherwise contribute to a sensible dialogue that will benefit consumers.”