Archive

Mortgage Business Expo (MBE) London, taking place on October 16, will feature a keynote presentation by the Bank of England (BoE). Rob...

Pure Retirement has announced the launch of its new product suite for advisers, named the Heritage range. The product, which is available...

The Nottingham Building Society has added to its retirement interest-only (RIO) mortgage range to help with home ownership. Its two new offerings...

MortgageGym is adding four specialist lenders to its online platform for mortgage applicants with lower credit scores. These include Together and Precise...

Hinckley & Rugby Building Society has launched a Retirement Interest Only (RIO) mortgage exclusively through Legal & General Mortgage Club. Members of...

New research by Kensington Mortgages has revealed that interest-only mortgages are a significant problem in the financial system. The specialist mortgage lender...

Pure Retirement has announced that it is now servicing over £1 billion of loans for the first time in its history. The...

HLPartnership (HLP) and Mortgage Support Network (MSN) will be hosting two seminars focusing on later life lending following their successful January...

Pure Retirement has announced the launch of its new adviser-facing mobile app. Believed to be the first of its kind in the...

Newbury Building Society has launched its first retirement interest-only (RIO) mortgage to support borrowers in their later life. Applicants must be a...

Nearly a third (32%) of current mortgage holders, which equates to approximately 4 million people, may have to re-evaluate their finances...

A fifth of current mortgage holders believe they will still be paying off their mortgage beyond the age of 65 –...

The launch of retirement interest only (RIO) products by lenders provides a valuable alternative to the growing number of later life...

Homeowners are ageing at a faster rate than the UK population as developments in post-retirement lending put a strain on the...

Legal & General Home Finance has announced a new 5-year partnership agreement with Virgin Money. The alliance will see the retirement lender...

Scottish Building Society has added a retirement interest-only (RIO) mortgage to its range of products for older people. Since the Financial Conduct...

Retirement Advantage has announced new enhancements to its range of mortgage products aimed at older landlords. Last year, the retirement income provider...

Historically second charge mortgages or secured loans as they are also known were seen as a last chance option for a...

A growing group of over-55s are using lifetime mortgages to fund property moves to more expensive homes, a study from OneFamily...

A diverse set of customer needs from the self-employed are driving demand for specialist residential mortgages, according to Paragon’s Financial Adviser...

TMA Club has announced the addition of Chorley Building Society to its lender panel – offering its members access to a...

Legal & General Mortgage Club has added two Shawbrook Bank products to its lending panel.   The products cater for second charge and...

After a successful seminar program last year, Mortgage Business Expo (MBE) has announced another buy-to-let (BTL) seminar program in partnership with...

Lifetime mortgage lender more 2 life has surpassed £1 billion of lending, along with a substantial total loan book value. According to...

Shawbrook’s Residential Mortgages team announced that it has lowered the fixed and variable rates on its 55 Plus Interest-Only Mortgage. With interest-only...

A record low in lifetime mortgage rates is driving enquiries about switching plans from existing customers, Bower Retirement say. The specialist retirement...

Legal & General Home Finance has become the biggest provider of lifetime mortgages in the first half of this year (H1). The...

New research from equity release lender, more 2 life, has revealed that an emotional connection to their family home prevents retirees...

Legal & General has announced its development of Inspired Villages Group, an operator of later living accommodation which formed out of...

The most popular reasons for choosing equity release during the first half of 2017 are making home improvements and clearing existing...

Mike Thompson has been appointed to the role of Legal & General’s Operations Director for its lifetime mortgage business. Before joining Legal...

Brokers are encountering fewer difficulties when sourcing mortgages for clients than at any point since the introduction of the Mortgage Market...

Tenet, a Leeds-based mortgage adviser support group, has announced a new partnership with specialist lender Vida Homeloans, the latest in a...

First Complete and Pink are calling on mortgage brokers to update their landlord clients on buy-to-let tax changes coming into force...

The Society of Mortgage Professionals (SMP) has announced that it is expanding its roadshow this year from 10 to 12 regional...

The UK’s first bank built exclusively for mobile customers has extended its Digital Mortgage range, with 80% LTV and 85% LTV...

Following the introduction of new lending rules in April 2016, under the Mortgage Market Review (MMR), many banks and building societies...

The one area in which a proper affordability assessment is ignored is lending to older borrowers, according to findings from The...

Santander and Legal & General have announced a new five year agreement to offer lifetime mortgages to Santander customers. The arrangement aims...

Family Building Society and National Counties Building Society have re-affirmed their longstanding commitment to lending to older borrowers. While many lenders have...

Nationwide Building Society is increasing its maximum age for mortgage maturity from 75 to 85. This follows last week's move by the...

A new report from Halifax has found that delays in getting on to the property ladder could force many people to...

More than four out of 10 pensioner landlords are seriously thinking about selling their buy-to-let property even though it offers them valuable...

Retired people downsizing to fund their retirement should be exempt from stamp duty, a leading insurer has said. So-called “property pensioners” are...

Mortgage brokers have welcomed new technology-driven lender Atom Bank's intermediary-driven approach to mortgage lending. The Durham-based bank is set to launch residential and...

The joint crackdown on buy-to-let by Chancellor George Osborne and the Bank of England is deterring just 14% of landlords from...

Legal & General Mortgage Club has announced the launch of its Later Life Lending Hub. The new tool helps its members offer...

First-time buyers applying for their first mortgage lack knowledge about the application process and risk being rejected as a result. Almost half...

Almost half of all home movers say they plan to downsize when taking their next step on the property market over the...

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...

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...

The Council of mortgage lenders has urged action to make it easier for older and retired people to take out mortgages. The...

Homeowners aged over 55 are sitting on £90,000 more property wealth than they realise thanks to soaring house prices. This extra housing wealth...

Stafford Railway Building Society is reminding older borrowers that they can take advantage of its standard variable rate mortgage up to...

The Building Societies Association (BSA) has committed to review its maximum age limits for mortgage borrowers to help those who need...

The total property wealth of over-55s in England will double to almost £2.5 trillion by 2035, according to new research by Age...

Wealthy homeowners are twice as likely to use equity release to treat family and friends, new research shows. As property wealth increases...

The amount of money locked up in homes owned by the over-65s has grown by almost £17.5 billion in the past...

Brokers and industry specialists have leapt to the defence of equity release following a Financial Conduct Authority (FCA) report suggesting the...

One in five older people are considering downsizing but are being put off by a lack of homes and the cost...

More than 600,000 Britons intend to use all or part of their pension to help repay their mortgage balance, new research...

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...

The amount of money generated by equity release deals in the first half of 2015 rose by almost a fifth according...

Excellent buying conditions have lured Britons back into the overseas property market this year, with bargain property prices and historically low...

As UK house prices reach new records and the price for an average London property crosses £500k, you might wondering whether...

Legal & General has announced ambitious plans to become a leading provider of lifetime mortgages. The insurer has launched its own-branded Lifetime...

Young borrowers increasingly expect to be paying their mortgage into retirement as they stretch themselves to get on the housing ladder. Around half of...

Lazy lenders are charging the over-50s more for their mortgages because of their age, according to new research from Saga Personal...