Archive

Mortgage Advice Bureau has developed a new tool to assess a customer’s financial resilience based on their level of protection. The financial...

A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...

The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...

The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...

It’s been a torrid time for rates, going back up for HSBC, Santander, TSB, Virgin Money, NatWest and many other mainstream...

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

Lifetime mortgage lender Pure Retirement has continued its ongoing product development in its Heritage range. The Special 3 product will offer up...

Lenders’ trade body UK Finance wants the government to use next month’s Budget to announce a new Help to Buy scheme...

Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....

A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

UK mortgage holders are repaying record amounts of mortgage debt, according to the  Equity Release Council. But the ERC claims high levels...

Almost 400 misleading promotions by later life mortgage firms have been binned or amended, thanks to the Financial Conduct Authority.   The...

This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...

First Time Buyer’s Fortnight aims to give potential homebuyers the information they need to make more informed decisions about the home...

As furlough support has begun to phase away from July 1 2021, there is still concern that this could lead to...

Roma Finance completed a record month in May, reporting a 50% increase in pipeline business on top of the 100% increase...

Pure Retirement has announced the launch of its new flexible pricing methodology on the Classic lifetime mortgage product range. The new initiative...

Mortgage lender, Pure Retirement has announced the launch of several key market insight resources that will help advisers to best serve...

Brokers are searching for applications that will not leave a lasting mark on a client's credit score, new research from Knowledge Bank...

LiveMore has announced a reduction of its standard fixed rates from five-year up to lifetime. Launched last week, the seven, 10 and...

Multiply AI, a fully automated financial adviser app, has partnered with digital mortgage broker Mojo to provide the first end-to-end digital...

Fluent Lifetime, the equity release and later life subsidiary of Fluent Money Group, is celebrating after breaking into the top five...

It can seem like a lifetime to reach the final instalment of a mortgage payment. But where in the UK will...

Mortgage club and specialist mortgage distributor, Brilliant Solutions, has announced the addition of lifetime mortgage lender Pure Retirement to its equity...

Pure Retirement has announced the launch of its new and improved adviser marketing toolkit. The refreshed website is part of Pure’s commitment...

Pure Retirement has announced the launch of its new Pure Servicing Solutions equity release sub-brand. The new project offers partners two levels...

Pure Retirement has launched a new customer-facing brochure to keep its account holders informed about plan features and the processes involved...

Responsible Life, a later life lending specialist, is reporting a 52% annual surge in lifetime mortgage sales, as retirees increasingly look...

Pure Retirement has decided to expand its ‘Classic Lifetime Mortgage’ range to a wider selection of the equity release market. The latest...

The MCI Mortgage Club has appointed OneFamily to its lender panel in a bid to include lifetime mortgages for its members. The...

Legal & General has acquired a 20% stake in the Australian lifetime mortgage business, Household Capital, through its ‘Retail Retirement’ division...

Advise Wise Mortgage Club has launched a specialist solicitor panel for its members to refer to regarding their case completion. The firm...

Hodge Lifetime has lowered the minimum age of its residential interest-only mortgage from 55-plus to 50. This is in line with its...

Hinckley & Rugby has bolstered its later life lending offer with a new five-year fix and slashed the interest rates on...

Over a third of people who purchased their mortgage direct from a lender have no protection policy in place, the latest...

Knight Frank Finance has launched a later life finance team, making it the first major player in the property sector to...

Thousands of borrowers could be missing out on a better mortgage deal by not speaking to an adviser, research from Legal...

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

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

Nottingham Building Society has cemented its position as a leading Cash Lifetime ISA (LISA) provider as it becomes the only society...

Lending distributor Fluent Money Group’s recent expansion has seen a significant increase in personnel, with over 250 employees based at its...

Hinckley & Rugby Building Society has launched two new residential mortgages for later life borrowers, with the option of interest-only for...

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

Martin Brown has been appointed as the new role of head of products at Pepper Money. Brown joins from lifetime mortgage lender,...

Specialist lending distributor Fluent Money Group has announced the launch of Fluent Lifetime Ltd on mobile. The company will be offering equity...

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

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

Nationwide is the latest building society to join the Equity Release Council (The Council) following its introduction to the lifetime mortgage...

Hinckley & Rugby Building Society has launched an online buy-to-let (BTL) calculator for landlords and lower reference rates for like-for-like BTL...

The value of specialist mortgage lenders’ annual lending has increased 19% per year since 2009, according to a new report from...

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

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...

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

Financial mutual OneFamily has extended its lifetime mortgage range, increasing its number of products from four to six.  The two new additions...

The adviser community has offered broad support to the merits of a standalone equity release qualification, according to a joint survey...

A new lender, which is aiming to target older borrowers, has received full regulatory approval from the Financial Conduct Authority (FCA). Mortgages4Life,...

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

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

Gross mortgage lending in February hit its highest level for eight years after leaping 30% year-on-year. Lending totalled £17.6 billion which marks a fall from £18.5...

Property experts have warned that Chancellor George Osborne's new Lifetime Isa will do nothing to solve housing supply and affordability problems. From April...

Legal & General has launched a lifetime mortgage charging a market leading 4.99% APR on larger loans. Its Premier Flexible deal is a...

Britain is becoming a nation of "forever renters" as the lifetime cost of renting exceeds £50,000, driving home ownership out of reach...

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

There has been a "surge" in the number of buy-to-let investors considering moving their properties into limited company structures. Brokers are looking to reduce...

Loss of higher rate tax relief and tighter regulation on buy-to-let could harm tenants more than landlords by constraining the supply of rented...

Specialist lenders Paragon Mortgages and 3mc have announced new exclusive buy-to-let product ranges. This follows the recent launch from intermediary-only lender Accord,...

The appetite for longer-term mortgages is soaring as homebuyers look to stretch out their repayments to make them more affordable, new...

Equity release lending has surged to an all-time high in the second quarter of this year. The £384.3 million of lending is...

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...

The number of buy-to-let products on the market has hit a record high, although the pace of growth has slowed lately. There...