Drawdown

Strong first quarter for equity release market

The Equity Release Council has revealed that £1.06bn of property wealth was accessed via equity...

Year-on-year fall for equity release

Latest data from Key has revealed that retired homeowners released more than £3.4 billion...

New equity release product “launched every 48 hours”

Advisers and their customers now have over 314 equity release plan options – an...

Cautious equity release borrowers switch to drawdown

Equity release adviser Key has reported that third quarter take-up of drawdown plans grew...

Expansion in the equity release market continues

The Equity Release Council has revealed that nearly £11 million of property wealth was unlocked...

Rebrand for Key Retirement Group

Key Retirement Group has rebranded as Key Group. The group aims to be the UK’s...

More 2 Life unveils new lump sum and drawdown products

More 2 Life has introduced two new products to its equity release offering. The lender’s...

Later life lending market to double in a decade

The later life lending market is set to almost double in size over the...

Equity release market records its fastest ever start to a year

The Equity Release Council has reported that the first quarter of 2019 was the...

Responsible Lending offers drawdown financial advice

Responsible Lending has today introduced financial advice on tailored drawdown options across all of...

Record quarter for equity release market

The Equity Release Council has reported a record fourth quarter of 2018, with 82,791...

Over £1bn in equity released in a single quarter for first time

The latest quarterly lending figures from the Equity Release Council have revealed that homeowners...

More 2 Life adds drawdown option to Capital Choice Plan

More 2 Life is adding a drawdown facility to its Capital Choice Plan, allowing customers...

One-third of adults in drawdown have never invested before

32% of people using drawdown to fund their retirement have no investment experience, yet...
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COMMENT

Comment

Complexity is rising and broker enablement has never mattered more

 For many years, success in the mortgage market was built off efficiency. If a broker understood the mainstream lending landscape, packaged cases well and kept...

Industry pushes to build next generation of home valuers

According to RICS, the average qualified surveyor is in their mid-fifties. Couple this with new entrant numbers failing to keep pace with retirements, and...

Supply side continues to drive the change agenda

Regulatory change is no longer something firms respond to periodically. It is now a permanent feature of the landscape. Whether it is capital treatment...

Searching for sunny uplands

There is a growing sense, shared quietly in boardrooms and rather less quietly over kitchen tables, that the UK has lost a degree of...

How advisers can find and secure powerful introducers to grow their business – Pt2

I hope you found my earlier article useful and enlightening and if so, please read on, as in this piece I complete the steps...

Latest news

Technology

Lloyds data glitch exposed details of up to 447,936 banking customers, MPs told

Up to 447,936 customers of Lloyds Banking Group were affected by a data breach...
News

Chancellor presses lenders to expand support for borrowers ahead of rate resets

The government has secured fresh commitments from major lenders to step up engagement with...
Building Societies

Suffolk BS tops £800m in mortgage assets after strong 2025 growth

Suffolk Building Society has passed £800m of mortgage assets for the first time after...
criteria

UTB eases mortgage and second charge processes with criteria changes

United Trust Bank (UTB) has introduced a series of service and criteria changes across...

PROFILES