There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...
Archive
Two organisations have joined forces to create a new platform dedicated to providing holiday let mortgages. Holiday Cottage Handbook Financial Services claims...
08 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
The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...
08 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
Almost 400 misleading promotions by later life mortgage firms have been binned or amended, thanks to the Financial Conduct Authority. The...
18 September 2023
From: Breaking News
Older borrowers could be missing out on the best mortgage and equity release deals through fears about the security of their...
30 September 2022
From: Breaking News
Equity release allows homeowners aged 55 and over to gain access to the value of their property by turning it into...
06 September 2022
From: Breaking News
More2life announced that a sixth product will be added to its innovative range of services. The new product goes by the name...
18 August 2022
From: Breaking News
Equity release allows the older generation to release some of the money from the value of their home through a series...
02 August 2022
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
New research by mortgage broker, Henry Dannell, reveals that equity release can help homeowners add serious value to their property. By analysing...
12 July 2022
From: Breaking News
Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...
05 May 2022
From: Breaking News
Recent research from leading later life lender more2life has found that 80% of equity release advisers are confident that the market...
16 December 2021
From: Breaking News
Data released by independent equity release advisory service, Equity Release Supermarket (ERS), shows that there’s a continued desire amongst their customers to...
04 November 2021
From: Breaking News
A new study from equity release lender more2life has uncovered the UK regions where using equity release to fund a house...
12 October 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
Advise Wise has launched a desktop application to allow advisers to access its platform directly from their desktop, with just a...
22 June 2021
From: Breaking News
Roma Finance completed a record month in May, reporting a 50% increase in pipeline business on top of the 100% increase...
15 June 2021
From: Breaking News
Equity release lender, more2life, revealed that the number of advisers who attended its 2021 Later Life Lending Symposium was 151% higher than...
15 June 2021
From: Breaking News
Pure Retirement has announced the launch of its new flexible pricing methodology on the Classic lifetime mortgage product range. The new initiative...
04 June 2021
From: Breaking News
Mortgage lender, Pure Retirement has announced the launch of several key market insight resources that will help advisers to best serve...
26 May 2021
From: Breaking News
Brokers are searching for applications that will not leave a lasting mark on a client's credit score, new research from Knowledge Bank...
13 May 2021
From: Breaking News
Pure Retirement has created a new guide for financial advisers to further support My Care Consultant’s Care Box platform. The literature –...
11 May 2021
From: Breaking News
An equity release advisory is reflecting on the shifts in equity release usage and behaviour in the first quarter of 2021. Research...
06 May 2021
From: Breaking News
Advise Wise has introduced a bespoke, customisable Equity Release Fact Find on its platform. Members can now manage a large number of...
06 May 2021
From: Breaking News
The Equity Release Council (the Council) has launched a new Legal Forum to champion the unique role of legal advice in...
27 April 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
The Equity Release Council (the Council) has launched a member endorsement mark as part of a brand refresh that reflects the...
06 April 2021
From: Breaking News
Despite only 8% of equity release cases being rejected, lender more2life has tracked the reasons that cases are declined to help advisers better...
01 April 2021
From: Breaking News
Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...
18 March 2021
From: Breaking News
Adviser-facing resources have been released in recognition of the equity market predicted to pick up in 2021. Pure Retirement has put together a...
16 March 2021
From: Breaking News
Older homeowners gifted an average of £42,500 to younger relatives to help them get on the property ladder in 2020, new...
25 February 2021
From: Breaking News
Equity Release Supermarket (ERS) has reported the behavioural shifts and factors still influencing customers due to the ongoing effects of the...
04 February 2021
From: Breaking News
Fluent Lifetime, the equity release and later life subsidiary of Fluent Money Group, is celebrating after breaking into the top five...
04 February 2021
From: Breaking News
Advise Wise has unveiled a brand-new live webinar series in collaboration with the Equity Release Council. The initiative – Good Practice Checklist...
02 February 2021
From: Breaking News
Mortgage club and specialist mortgage distributor, Brilliant Solutions, has announced the addition of lifetime mortgage lender Pure Retirement to its equity...
19 January 2021
From: Breaking News
Pure Retirement has announced the launch of its new Pure Servicing Solutions equity release sub-brand. The new project offers partners two levels...
29 October 2020
From: Breaking News
Equity release advisory firm Key has strengthened its estate planning team with the hire of Andrew Parkinson as head of sales...
29 September 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
Pure Retirement has decided to expand its ‘Classic Lifetime Mortgage’ range to a wider selection of the equity release market. The latest...
03 September 2020
From: Breaking News
Knowledge Bank, a market-leading criteria search system, is expanding with the appointment of three new roles. An increasing number of mortgage brokers...
03 September 2020
From: Breaking News
Equity release advisory service provider Equity Release Supermarket (ERS) has partnered with LiveMore Capital. Specialising in retirement interest only (RIO) mortgages for...
26 August 2020
From: Breaking News
More than twice as many principals, advisers and administrators worry about the impact of a second coronavirus lockdown than about Brexit,...
24 August 2020
From: Breaking News
The MCI Mortgage Club has added LiveMore Capital to its panel, expanding its range of products to include retirement interest-only (RIO)...
12 August 2020
From: Breaking News
Knowledge Bank’s criteria index for February has revealed some surprise results, with some sectors experiencing unprecedented change. It was all change in...
18 March 2020
From: Breaking News
Advise Wise Mortgage Club has launched a specialist solicitor panel for its members to refer to regarding their case completion. The firm...
11 March 2020
From: Breaking News
The ability to make interest payments and capital repayments are becoming increasingly important for equity release customers as products develop, according...
20 February 2020
From: Breaking News
Hodge has announced the extension of its Early Repayment Promise (ERP) feature across all of its residential mortgage products. The move follows...
20 February 2020
From: Breaking News
Later life lending specialist Advise Wise has announced the launch of its mortgage club to complement its services for the later...
06 February 2020
From: Breaking News
Pure Retirement has started the new year by making changes to its heritage range criteria, aiming to give consumers more choice...
16 January 2020
From: Breaking News
Brilliant Solutions has teamed up with Knowledge Bank as its exclusive criteria search provider. Members of Brilliant Solutions – which helps brokers...
13 November 2019
From: Breaking News
Mortgage and protection network HLPartnership has announced new dates and venues in September for later life lending seminars. Following its successful spring...
04 September 2019
From: Breaking News
Fluent for Advisers is encouraging its introducers to consider building relationships with independent financial advisers (IFAs) and retirement advice specialists. By doing...
24 July 2019
From: Breaking News
Equity release referral business Key Partnerships has released a new report – ‘Introducing the Introducers’ – to celebrate its brand refresh. The...
19 July 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
Independent equity release advisor Key has announced the expansion of its corporate business development team in response to growing industry demand. More...
05 June 2019
From: Breaking News
Pure Retirement has announced the launch of its new product suite for advisers, named the Heritage range. The product, which is available...
30 May 2019
From: Breaking News
Fluent Money is taking another 1,400 sq ft in its head office building in Horwich, near Bolton. This follows a combination of...
16 April 2019
From: Breaking News
There has been a shift in broker searches regarding equity release, while searches for lenders that allow houses of multiple occupation...
11 April 2019
From: Breaking News
Lending distributor Fluent Money Group’s recent expansion has seen a significant increase in personnel, with over 250 employees based at its...
19 February 2019
From: Breaking News
HLPartnership (HLP) and Mortgage Support Network (MSN) will be hosting two seminars focusing on later life lending following their successful January...
13 February 2019
From: Breaking News
Pure Retirement has announced the launch of its new adviser-facing mobile app. Believed to be the first of its kind in the...
30 January 2019
From: Breaking News
Tougher lending rules are surfacing after the expansion of the Bank of Mum and Dad (BOMAD) into one of the UK’s...
12 October 2018
From: Breaking News
The launch of retirement interest only (RIO) products by lenders provides a valuable alternative to the growing number of later life...
07 September 2018
From: Breaking News
Specialist lending distributor Fluent Money Group has announced the launch of Fluent Lifetime Ltd on mobile. The company will be offering equity...
07 September 2018
From: Breaking News
The Bank of Mum and Dad is now seeking financial advice and guidance, according to new research from Key. The independent equity...
30 August 2018
From: Breaking News
The Finance Property Show will return for its fifth year and will feature almost 100 lenders and providers. Known as one of...
23 August 2018
From: Breaking News
Scottish Building Society has added a retirement interest-only (RIO) mortgage to its range of products for older people. Since the Financial Conduct...
03 August 2018
From: Breaking News
Many older divorcees are struggling to pay the mortgage post-split, according to figures from LEBC. The financial planning firm is placing greater...
16 January 2018
From: Breaking News
Nationwide is the latest building society to join the Equity Release Council (The Council) following its introduction to the lifetime mortgage...
28 November 2017
From: Breaking News
Lifetime mortgage lender more 2 life has surpassed £1 billion of lending, along with a substantial total loan book value. According to...
05 September 2017
From: Breaking News
A record low in lifetime mortgage rates is driving enquiries about switching plans from existing customers, Bower Retirement say. The specialist retirement...
25 August 2017
From: Breaking News
Legal & General Home Finance has become the biggest provider of lifetime mortgages in the first half of this year (H1). The...
14 August 2017
From: Breaking News
New research from equity release lender, more 2 life, has revealed that an emotional connection to their family home prevents retirees...
07 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
Equity release lender more 2 life has received accreditation from the Chartered Insurance Institute (CII) for its adviser webinar programme. The programme...
05 April 2017
From: Breaking News
Registration for the Mortgage Business Expo (MBE) Leeds is now open for brokers, IFAs and financial intermediaries. Organisers report that stands have...
10 March 2017
From: Breaking News
The Society of Mortgage Professionals (SMP) has announced that it is expanding its roadshow this year from 10 to 12 regional...
27 January 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
A new lender, which is aiming to target older borrowers, has received full regulatory approval from the Financial Conduct Authority (FCA). Mortgages4Life,...
24 August 2016
From: Breaking News
The majority of brokers surveyed by Legal & General say they either currently recommend or would recommend later life lending or...
19 July 2016
From: Breaking News
Santander and Legal & General have announced a new five year agreement to offer lifetime mortgages to Santander customers. The arrangement aims...
14 July 2016
From: Breaking News
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
Legal & General Mortgage Club has announced the launch of its Later Life Lending Hub. The new tool helps its members offer...
21 March 2016
From: Breaking News
The average amount of equity withdrawn via remortgaging hit a new record of nearly £37,000 per borrower in November. This is a...
23 December 2015
From: Breaking News
Homeowners aged over 55 are sitting on £90,000 more property wealth than they realise thanks to soaring house prices. This extra housing wealth...
04 December 2015
From: Breaking News
The total property wealth of over-55s in England will double to almost £2.5 trillion by 2035, according to new research by Age...
06 November 2015
From: Breaking News
Equity release has posted the biggest quarterly rise for 11 years as over-55s withdraw a record £5 million of housing wealth...
27 October 2015
From: Breaking News
Wealthy homeowners are twice as likely to use equity release to treat family and friends, new research shows. As property wealth increases...
14 October 2015
From: Breaking News
The amount of money withdrawn by the typical remortgage customer has hit a new high, according to property service firm LMS. In...
28 September 2015
From: Breaking News
One in seven homeowners aged 70 and over are still paying off their mortgage, with the average debt a hefty £40,000. New figures...
17 September 2015
From: Breaking News
Brokers and industry specialists have leapt to the defence of equity release following a Financial Conduct Authority (FCA) report suggesting the...
09 September 2015
From: Breaking News
The number of remortgages has leapt almost 90% in the last year after a major surge in July, new figures show. The...
25 August 2015
From: Breaking News
Equity release lending has surged to an all-time high in the second quarter of this year. The £384.3 million of lending is...
28 July 2015
From: Breaking News
The amount of money generated by equity release deals in the first half of 2015 rose by almost a fifth according...