Crown Equity Release becomes regulated

Crown Equity Release has been regulated by the Financial Services Authority.

Mark King, managing director of Crown Equity Release, says: We are delighted to meet the FSAs exacting standards for Home Reversions and are pleased to be able to formally commit to the authoritys guidelines.

“We regard FSA regulation as a kitemark of our first-rate customer care and service and look forward to building on our existing excellent standards long into our future.

Crown Equity Release welcomes the regulation of home reversions as an important step in housing finance as it allows the industry and the FSA to extend consumer protection over all aspects sectors of the equity release market.