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Equity Release: Misrepresentation

Asked by Sir Ashley FoxConservativeTreasuryTabled Answered 12 November 2024UIN 13095

The question

To ask the Chancellor of the Exchequer, how many cases of mis-sold Equity Release schemes have been referred to the Financial Ombudsmen in the last two years.

Answered by Tulip Siddiq

This is a matter for the Financial Ombudsman Service (FOS), which is an independent, non-governmental body. The FOS will respond to the Honourable Member by letter, and a copy of the letter will be placed in the Library of the House of Commons.

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