The Equity Release Council (ERC) has unveiled new guidance for member firms to consider when launching retrofit lifetime mortgages. In consultation with...
Archive
27 August 2024
From: Breaking News
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
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
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
The MCI Mortgage Club has appointed OneFamily to its lender panel in a bid to include lifetime mortgages for its members. The...
17 April 2020
From: Breaking News
Legal & General has acquired a 20% stake in the Australian lifetime mortgage business, Household Capital, through its ‘Retail Retirement’ division...
24 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
Thousands of borrowers could be missing out on a better mortgage deal by not speaking to an adviser, research from Legal...
14 June 2019
From: Breaking News
Legal & General Home Finance has announced a new 5-year partnership agreement with Virgin Money. The alliance will see the retirement lender...
21 August 2018
From: Breaking News
A growing group of over-55s are using lifetime mortgages to fund property moves to more expensive homes, a study from OneFamily...
10 May 2018
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
Mike Thompson has been appointed to the role of Legal & General’s Operations Director for its lifetime mortgage business. Before joining Legal...
27 April 2017
From: Breaking News
Financial mutual OneFamily has extended its lifetime mortgage range, increasing its number of products from four to six. The two new additions...
01 February 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
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
Equity release lending has surged to an all-time high in the second quarter of this year. The £384.3 million of lending is...