16 December 2004
Defining Home Reversions
Following a full public consultation the Financial Secretary, Ruth Kelly, announced on the 10th May 2004 that Home Reversion plans would be regulated by the Financial Services Authority (FSA). She also announced that legislation to regulate home reversion plans would be brought forward as soon as parliamentary time allows. This document consults on the parameters surrounding the definition of a Home Reversion plan, and is therefore the first step in bringing home reversions into FSA regulation.
Defining Home Reversions' is available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
Regulation of Financial Services (Land Transactions) Bill