Bridgewater Equity Release is relaunching its secured equity option and home mover option.
Under the new policies customers will be able to enjoy the benefits of a reduced minimum equity release value of 25 per cent.
The reduction in the minimum percentage will help people in areas where capital values are relatively high, where previously the sale of 50 per cent of the equity would have realised more cash than required. The new policies are also being offered to owners of flats.
Financial advisers can now use the on-line facility to access information on equity release.
Bridgewater associate director of operations says: “The re-launch should increase demand for our product, whilst providing the consumer with more flexibility.”