Jan
22

After taking note of the bad stories related to reverse home mortgage and the reality is that most of them talk about the concept very wisftully, I cannot help but speculate whether this is as a result of the maturity of those taking out equity release. Even though the more mischievous mortgage refinance lender firms have been swept beneath the carpet and regarded as a less-worthy reason of upset, reverse mortgages are now fully regulated by the FSA yet always has clouds engulfing it.

The differences between the duo? One is aimed at everybody whilst the other is pointed to 55+s. It is this demographic difference that, I propound, has initiated the unfavourable press. Selling to the plus 55s has the identical images of assailability that arises with promoting fatty foods to children.

What riles my self is that in every other industry or circumstance, elder homeowners are considered the most wise; the wise beings that many seek counsel and warning from. So for what excuse, when it comes to anything online or many types of business product, do we regard the 55+s with children’s gloves! Interrupting like a defiant knight to save them from their own selves. Do we suppose for one second that they’re ridiculously stumbling in the dark. No I thought not.

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