MORE 2 LIFE EXTENDS PRODUCT RANGE WITH NEW HOME REVERSION PLAN
28th May 2008: more 2 life, the equity release provider set up in 2008, today announces a partnership deal with Living Plus Ltd, to provide a home reversion product to sit alongside its existing lifetime mortgage offering.
The features of the more 2 life plan home reversion plan are as follows:
- Highly competitive rates
- Release cash from your home to improve lifestyle in retirement
- No monthly repayments to be met
- No financial liabilities left to dependents
- You retain the right to live in your home for the rest of your life
- The ability to move home is still an option (subject to the Living Plus property criteria)
- More 2 life home reversion plans are fair and transparent. Our commitment to fair equity release means that we offer competitive maximum sums that can be raised by the homeowner
Paul Wilson, Managing Director, more 2 life, said: “Through the expansion of our product range, we are now able to offer customers a highly competitive choice of equity release products at market leading rates. This new partnership is testament to the rising consumer demand for equity release.”
Duncan Young, CEO, Living Plus said: “We look forward to working with more 2 life on this initiative as it enables us to meet the needs of customers looking to release the maximum from their home, while still retaining the right to live in the property.”
For further information please contact
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For further information, contact:
more 2 life
Paul Wilson, MD
Tel: 01772 508501
Fax: 0845 1260060
Email: paul.wilson@more2life.co.uk
Living Plus Ltd
Duncan Young, CEO
020 7907 8591 / 07775 783 431
Email: duncan.young@miltonhomes.co.uk
Lansons Communications
Louise Willcox
Tel: 020 7294 3676
louisew@lansons.com
Karen Mignon
Tel: 020 7294 3685
karenm@lansons.com
Notes to the editor
To ensure the consumers safety, more 2 life and the plan provider, Living Plus Limited, take a responsible approach to equity release. Both firms are authorised and regulated by the Financial Services Authority and are members of Safe Home Income Plans (SHIP). SHIP is a company dedicated entirely to the protection of planholders and promotion of safe equity release plans and we adhere to their code of practice.
About more 2 life
more 2 life is the specialist lending arm of the Key Retirement Solutions Group who have been an equity release specialist for over ten years and have helped over 400,000 people decide if equity release was right for them.
Due to their extensive knowledge of customer needs, more 2 life have designed and produced equity release plans with the customer in mind, plans that will enhance customer’s lives, releasing cash safely and efficiently. To ensure these values are upheld, the safeguards and guarantees offered by the SHIP Code of Practice are core to a more 2 life plan.
Taking an equity release plan is one of the major decisions a customer can make and more 2 life believe that they should have the best possible choice. So, more 2 life plans are only offered through FSA authorised firms who have suitably qualified advisers.