§ Mr. LoveTo ask the Secretary of State for the Environment, Transport and the Regions if he will commission research into the use of equity release mechanisms to assist home owners to fund essential repairs and improvements to their dwellings; and if he will make a statement. [53907]
§ Mr. RaynsfordThe Department currently has no plans to commission research into the use of equity release schemes. However, we have been informing ourselves about the schemes that are currently available. There is interdepartmental interest in the potential of such schemes.