EPPARG welcomes Dillan as latest new member from France
The European Pensions and Property Asset Release Group (EPPARG) is pleased to announce that Dillan has joined EPPARG as its latest new member from France.
Dillan is a home reversion company founded in France in 2020, which has the goal of improving the financial situation of seniors in France, beyond the historically small existing market.
In launching Dillan, the founders have embarked on a journey to propose its offering to senior customers, while the general public and institutional investors can also invest in this attractive sub-segment of the residential market for seniors, to prepare their retirement while improving that of others.
Speaking on behalf of EPPARG, Steve Kyle, Secretary General, commented:
“We congratulate the team at Dillan on their efforts to reinvigorate the French home reversion market, which we believe has the potential to grow significantly over the next few years. We believe that this will provide greater choice to elderly homeowners seeking an innovative financing solution which meets their needs, and we are pleased to welcome Dillan on board as our latest French member.”
“We also appreciate that Dillan is committed to working with EPPARG to ensure high ethical and consumer protection standards and to abiding by our own EPPARG standards, which have an important role to play in ensuring the development of safe equity release market across Europe.”
Commenting on behalf of Dillan, Stéphane Revault, Co-Founder, said:
“We are honoured to join EPPARG. Our mission is to provide home-based financing to seniors with transparency and simplicity. Joining EPPARG will allow us to seek the highest standards on the market while growing. We are happy to play our part in the development of a structured and consumer protective market aligned with our values.”
EPPARG is the principal trade body representing the interests of home equity release providers in Europe. Countries with EPPARG representatives or associates make up over 75% of all the countries in Europe with a home equity release market.