While we are on this topic, it seems to me that there is an issue for the Government to think about. What is the market rate for equity release, compared to the market rate for deferred payments? If you are not very careful, you could end up with a situation where one is incentivised over the other. I wonder what consideration the Government will give to that issue.
Care Bill [HL]
Proceeding contribution from
Lord Warner
(Labour)
in the House of Lords on Monday, 22 July 2013.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Care Bill [HL].
About this proceeding contribution
Reference
747 c1070Session
2013-14Chamber / Committee
House of Lords chamberLibrarians' tools
Timestamp
2013-12-20 04:02:45 +0000
URI
http://hansard.intranet.data.parliament.uk/Lords/2013-07-22/1307225000016
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Lords/2013-07-22/1307225000016
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Lords/2013-07-22/1307225000016