28 Nov 2005

PROPERTY PLAN EXPANDS EQUITY RELEASE MARKET

PROPERTY PLAN EXPANDS EQUITY RELEASE MARKET WITH CO-OWNERSHIP STRUCTURE

Property Plan, the launch product announced this week by Retirement Plus, introduces a new approach in the equity release market, providing increased levels of value and flexibility for the consumer.

Based on joint property ownership, Property Plan offers competitive valuations and charges, as well as taking a flexible view of customers’ personal circumstances.

Retirement Plus is headed by Chief Executive Duncan Young, who has long experience in the property and financial services sectors, including a period as Deputy Chairman of the Council of Mortgage Lenders and as Chief Executive and founder of the Household Mortgage Corporation. The company was set up Duncan and property man Chris Rumsey and is backed financially by property investors including British Land and Delancey.

For more information please download our Press Release below.