Home & Capital, the home reversion scheme specialist, has bought upt 1,000 equity release plans from the now defunct In Retirement Services, after the equity release provider recently went into administration.
The transaction now increases Home & Capitals’ equity release plans under administration from 2,000 to 3,000. A long-term contract is expected to be announced in due course.
In Retirement Services customers under this new regime will now have a voice to answer to regarding administration moving forward.
