Retirement Advantage expands equity release range

The product range will offer fixed early repayment charges and cash reserve facilities, as well as annual rates of between 6.37% and 6.97% to those aged over 55.

Robert Sharpe, Executive Chairman of Retirement Advantage Equity Release, said:

“We’re delighted, once again, to offer our industry-leading Lump Sum Gold, Voluntary Select Gold and Interest Select Platinum products. We’re confident their flexibility will appeal to an equity release market which continues to go from strength to strength.

“We’re seeing changing consumer habits, as individuals look more holistically at their retirement income and assets. We as an industry need to adapt with them. It’s vital that we continue to develop and continue to innovate, to further cement the market in the mainstream.”