If reverse mortgage products are to be accessed to enable ageing in place by supplementing the housing and care support needs of older homeowners, greater guidance and support is required for the most frail and vulnerable.

This report argues that there is a need for increased regulation, better advice to consumers, reduction in break fees and continued monitoring of the situation of reverse mortgage holders given the nature of the product and of the client group.

Authors: Catherine Bridge, Toni Adams, Peter Phibbs, Mark Mathews and Hal Kendig.

Image: 'Anne', Ollie-G / Flickr