Equity release firm rejoins CML

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Council of Mortgage Lenders

Just Retirement Group Ltd has re-joined the Council of Mortgage Lenders (CML) as a member.

Launched in 2004, the firm one of the largest equity release providers in the UK, having lent £1.2 billion since 2005.

Its equity release business is funded exclusively from its annuity assets.

More than 158,000 people have become customers of Just Retirement Group since it was formed. The firm has total sales of more than £1.4 billion, and in the 2011-12 financial year had £5 billion assets under management.

The CML now has 115 members and 88 associates.