Archive

Older home owners taking equity release from their properties are, on average, £12,400 worse off today than they were last year,...

The Equity Release Council (ERC) has unveiled new guidance for member firms to consider when launching retrofit lifetime mortgages.   In consultation with...

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

Two organisations have joined forces to create a new platform dedicated to providing holiday let mortgages. Holiday Cottage Handbook Financial Services claims...

Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...

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...

Older borrowers could be missing out on the best mortgage and equity release deals through fears about the security of their...

Equity release allows homeowners aged 55 and over to gain access to the value of their property by turning it into...

More2life announced that a sixth product will be added to its innovative range of services. The new product goes by the name...

Equity release allows the older generation to release some of the money from the value of their home through a series...

Everyone will eventually age, which means we’re all going to be faced with Later Life mortgages, but how exactly are they...

New research by mortgage broker, Henry Dannell, reveals that equity release can help homeowners add serious value to their property.  By analysing...

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

Recent research from leading later life lender more2life has found that 80% of equity release advisers are confident that the market...

Data released by independent equity release advisory service, Equity Release Supermarket (ERS), shows that there’s a continued desire amongst their customers to...

A new study from equity release lender more2life has uncovered the UK regions where using equity release to fund a house...

Research from equity release lender, more2life, shows that 78% of advisers think more of their customers will look to equity release to...

Advise Wise has launched a desktop application to allow advisers to access its platform directly from their desktop, with just a...

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

Equity release lender, more2life, revealed that the number of advisers who attended its 2021 Later Life Lending Symposium was 151% higher than...

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...

Pure Retirement has created a new guide for financial advisers to further support My Care Consultant’s Care Box platform. The literature –...

An equity release advisory is reflecting on the shifts in equity release usage and behaviour in the first quarter of 2021. Research...

Advise Wise has introduced a bespoke, customisable Equity Release Fact Find on its platform. Members can now manage a large number of...

The Equity Release Council (the Council) has launched a new Legal Forum to champion the unique role of legal advice in...

Action must be taken to encourage greater gender diversity in the adviser community and help support female clients, as part of...

The Equity Release Council (the Council) has launched a member endorsement mark as part of a brand refresh that reflects the...

Despite only 8% of equity release cases being rejected, lender more2life has tracked the reasons that cases are declined to help advisers better...

Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...

Adviser-facing resources have been released in recognition of the equity market predicted to pick up in 2021. Pure Retirement has put together a...

Older homeowners gifted an average of £42,500 to younger relatives to help them get on the property ladder in 2020, new...

Equity Release Supermarket (ERS) has reported the behavioural shifts and factors still influencing customers due to the ongoing effects of the...

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

Advise Wise has unveiled a brand-new live webinar series in collaboration with the Equity Release Council. The initiative – Good Practice Checklist...

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 Pure Servicing Solutions equity release sub-brand. The new project offers partners two levels...

Equity release advisory firm Key has strengthened its estate planning team with the hire of Andrew Parkinson as head of sales...

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...

Knowledge Bank, a market-leading criteria search system, is expanding with the appointment of three new roles. An increasing number of mortgage brokers...

Equity release advisory service provider Equity Release Supermarket (ERS) has partnered with LiveMore Capital. Specialising in retirement interest only (RIO) mortgages for...

More than twice as many principals, advisers and administrators worry about the impact of a second coronavirus lockdown than about Brexit,...

The MCI Mortgage Club has added LiveMore Capital to its panel, expanding its range of products to include retirement interest-only (RIO)...

Knowledge Bank’s criteria index for February has revealed some surprise results, with some sectors experiencing unprecedented change. It was all change in...

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

The ability to make interest payments and capital repayments are becoming increasingly important for equity release customers as products develop, according...

Hodge has announced the extension of its Early Repayment Promise (ERP) feature across all of its residential mortgage products. The move follows...

Later life lending specialist Advise Wise has announced the launch of its mortgage club to complement its services for the later...

Pure Retirement has started the new year by making changes to its heritage range criteria, aiming to give consumers more choice...

Brilliant Solutions has teamed up with Knowledge Bank as its exclusive criteria search provider. Members of Brilliant Solutions – which helps brokers...

Mortgage and protection network HLPartnership has announced new dates and venues in September for later life lending seminars. Following its successful spring...

Fluent for Advisers is encouraging its introducers to consider building relationships with independent financial advisers (IFAs) and retirement advice specialists. By doing...

Equity release referral business Key Partnerships has released a new report – ‘Introducing the Introducers’ – to celebrate its brand refresh. The...

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

Independent equity release advisor Key has announced the expansion of its corporate business development team in response to growing industry demand. More...

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

Fluent Money is taking another 1,400 sq ft in its head office building in Horwich, near Bolton. This follows a combination of...

There has been a shift in broker searches regarding equity release, while searches for lenders that allow houses of multiple occupation...

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

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...

Tougher lending rules are surfacing after the expansion of the Bank of Mum and Dad (BOMAD) into one of the UK’s...

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

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

The Bank of Mum and Dad is now seeking financial advice and guidance, according to new research from Key. The independent equity...

The Finance Property Show will return for its fifth year and will feature almost 100 lenders and providers. Known as one of...

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

Many older divorcees are struggling to pay the mortgage post-split, according to figures from LEBC. The financial planning firm is placing greater...

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

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...

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

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

Equity release lender more 2 life has received accreditation from the Chartered Insurance Institute (CII) for its adviser webinar programme. The programme...

Registration for the Mortgage Business Expo (MBE) Leeds is now open for brokers, IFAs and financial intermediaries. Organisers report that stands have...

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

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,...

The majority of brokers surveyed by Legal & General say they either currently recommend or would recommend later life lending or...

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

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

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

The average amount of equity withdrawn via remortgaging hit a new record of nearly £37,000 per borrower in November. This is a...

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

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

Equity release has posted the biggest quarterly rise for 11 years as over-55s withdraw a record £5 million of housing wealth...

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 withdrawn by the typical remortgage customer has hit a new high, according to property service firm LMS. In...

One in seven homeowners aged 70 and over are still paying off their mortgage, with the average debt a hefty £40,000. New figures...

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

The number of remortgages has leapt almost 90% in the last year after a major surge in July, new figures show. The...

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

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

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