Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...
Archive
There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...
26 February 2024
From: Breaking News
New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...
01 August 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
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
Creating blogs and articles isn’t always the easiest task for mortgage professionals, particularly when you consider that client meetings, calls and...
30 October 2020
From: Marketing & Social Media
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
There is evidence of continuing volatility in the mortgage market, with different criteria searches among brokers reaching the top five, according...
22 January 2020
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
Nearly a third (32%) of current mortgage holders, which equates to approximately 4 million people, may have to re-evaluate their finances...
08 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 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
Secure Trust Bank continues to expand its service, having signed 30 new partnerships during its first 12 months of operation. Launched in...
20 April 2018
From: Breaking News
Intermediary-only specialist mortgage lender Vida Homeloans has announced the launch of a pilot scheme in the second charge mortgage market. The ‘test...
06 February 2018
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
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
Paragon Mortgages has entered the residential mortgage market after announcing the launch of a new range of products for owner-occupiers. The lender,...
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
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
Family Building Society and National Counties Building Society have re-affirmed their longstanding commitment to lending to older borrowers. While many lenders have...
20 May 2016
From: Breaking News
Nationwide Building Society is increasing its maximum age for mortgage maturity from 75 to 85. This follows last week's move by the...
09 May 2016
From: Breaking News
Mortgage brokers say it is increasingly difficult for clients over 40 to find a mortgage because of their age. Two out of brokers...
24 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...