Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...
Archive
The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...
28 February 2024
From: Breaking News
Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...
28 February 2024
From: Breaking News
The so-called Generation X - those born between 1965 and 1980 - are finding it hardest to pay off their mortgage,...
10 January 2024
From: Breaking News
Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...
27 November 2023
From: Breaking News
UK mortgage holders are repaying record amounts of mortgage debt, according to the Equity Release Council. But the ERC claims high levels...
25 October 2023
From: Breaking News
The Howden Group, which acquired leading UK mortgage broker SPF Private Clients last year, is expanding further into the mortgage market...
30 August 2023
From: Breaking News
Everyone will eventually age, which means we’re all going to be faced with Later Life mortgages, but how exactly are they...
19 July 2022
From: Breaking News
Over the weekend, Nat Daniels - CEO of Angels Media, the founder of the Today sites - penned this piece in...
17 May 2022
From: Breaking News
As furlough support has begun to phase away from July 1 2021, there is still concern that this could lead to...
15 July 2021
From: Breaking News
Research from equity release lender, more2life, shows that 78% of advisers think more of their customers will look to equity release to...
01 July 2021
From: Breaking News
Action must be taken to encourage greater gender diversity in the adviser community and help support female clients, as part of...
15 April 2021
From: Breaking News
Just Mortgages is set to launch a new wealth division next year called Just Wealth. The brand-new venture will see Just Mortgages...
26 November 2020
From: Breaking News
Responsible Life, a later life lending specialist, is reporting a 52% annual surge in lifetime mortgage sales, as retirees increasingly look...
07 September 2020
From: Breaking News
Legal & General has acquired a 20% stake in the Australian lifetime mortgage business, Household Capital, through its ‘Retail Retirement’ division...
24 March 2020
From: Breaking News
The Financial Intermediary and Brokers Association (FIBA) has extended its range of lending options for members with the appointment of Pension-Led...
16 October 2019
From: Breaking News
Both the volume and value of flexible payments from pensions has hit a new high, according to Moneyfacts. Data from the money...
29 August 2019
From: Breaking News
Right to Buy became one of the most-searched for criteria by brokers for the first time in July, according to Knowledge...
21 August 2019
From: Breaking News
Knight Frank Finance has launched a later life finance team, making it the first major player in the property sector to...
10 July 2019
From: Breaking News
Newbury Building Society has launched its first retirement interest-only (RIO) mortgage to support borrowers in their later life. Applicants must be a...
25 January 2019
From: Breaking News
A fifth of current mortgage holders believe they will still be paying off their mortgage beyond the age of 65 –...
28 November 2018
From: Breaking News
The mortgage industry is failing to keep up with modern borrowers, according to a new study conducted by Together. It revealed that...
16 November 2018
From: Breaking News
Research from Lloyds Bank Private Banking shows that the total household wealth in the UK reached an estimated £10.5 trillion in...
16 August 2017
From: Breaking News
The most popular reasons for choosing equity release during the first half of 2017 are making home improvements and clearing existing...
25 July 2017
From: Breaking News
The adviser community has offered broad support to the merits of a standalone equity release qualification, according to a joint survey...
20 January 2017
From: Breaking News
Following the introduction of new lending rules in April 2016, under the Mortgage Market Review (MMR), many banks and building societies...
18 January 2017
From: Breaking News
The one area in which a proper affordability assessment is ignored is lending to older borrowers, according to findings from The...
24 August 2016
From: Breaking News
Back in 1980 I took out my first mortgage to buy a flat in Birmingham. The flat was very affordable and...
13 June 2016
From: Breaking News
The National Association of Commercial Finance Brokers (NACFB) is counting down the last month before throwing open the doors to its...
13 May 2016
From: Sponsored Content
More than four out of 10 pensioner landlords are seriously thinking about selling their buy-to-let property even though it offers them valuable...
20 April 2016
From: Breaking News
Retired people downsizing to fund their retirement should be exempt from stamp duty, a leading insurer has said. So-called “property pensioners” are...
12 April 2016
From: Breaking News
Property experts have warned that Chancellor George Osborne's new Lifetime Isa will do nothing to solve housing supply and affordability problems. From April...
17 March 2016
From: Breaking News
The surge of investors into buy-to-let is being fuelled by older people raiding their pension pots, advisers say. While many see rental property...
14 March 2016
From: Breaking News
The popularity of buy-to-let looks set to defy Chancellor George Osborne's tax crackdown with nearly three out of 10 over-55s planning...
07 March 2016
From: Breaking News
The "love affair" between retirees and their buy-to-let properties is as strong as ever despite upcoming tax changes, new data suggests. The...
25 February 2016
From: Breaking News
The Council of mortgage lenders has urged action to make it easier for older and retired people to take out mortgages. The...
04 December 2015
From: Breaking News
Stafford Railway Building Society is reminding older borrowers that they can take advantage of its standard variable rate mortgage up to...
27 November 2015
From: Breaking News
The amount of money locked up in homes owned by the over-65s has grown by almost £17.5 billion in the past...
29 September 2015
From: Breaking News
The British public remains divided over impact of interest rate rise with almost one in three welcoming the prospect. That rises to more...
24 September 2015
From: Breaking News
Nearly one in five landlords plan to buy more buy-to-let properties despite the looming threat of Chancellor George Osborne's tax crackdown. New...
17 September 2015
From: Breaking News
Two thirds of potential homebuyers have been left in the dark by new mortgage affordability rules, research reveals. Some 35% of potential...
10 September 2015
From: Breaking News
The over-55s are set to go on a property buying spree, new research suggests. More than a third of homeowners over the age...
03 September 2015
From: Breaking News
More than 600,000 Britons intend to use all or part of their pension to help repay their mortgage balance, new research...
28 August 2015
From: Breaking News
The buy-to-let mortgage boom continues with rates falling sharply while the number of products on the market hits a seven-year high of 1,000. The average...
26 August 2015
From: Breaking News
Buy-to-let landlords face a "severe dent" in post-tax profits following Chancellor George Osborne's tax crackdown. Individual landlords will face extra tax bills of £2,000...
21 August 2015
From: Breaking News
As many as four million 18-39 year olds are actively trying to purchase a buy-to-let property to cash in on the...
17 August 2015
From: Breaking News
A lack of affordable homes in England’s rural areas has resulted in young people and families being priced out of the...
06 July 2015
From: Breaking News
The number of buy-to-let mortgages increased sharply in the first month following Chancellor George Osborne's pension freedom revolution. The choice of deals has...