Grainger's Equity Hq Moved to Newcastle

The JournalAugust 13, 2005

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Summary


Landlord and property investor Grainger Trust has brought its equity release operations together on Tyneside as it looks to expand its share of the pounds 1.5bn-rated market.

Newcastle-based Grainger, the UK's largest listed landlord, set up Bridgewater Equity Release in 1998 to take advantage of the growing trend for home reversions ( a form of equity release agreement where home-owners sell all or part of their houses in return for money upfront and the right to live there rent-free until they die or move house.

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Extract


Grainger's Equity Hq Moved to Newcastle

Bridgewater Equity Release previously had operations in Altrincham and Epsom, but the d...

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