Lifetime Mortages

Growing number of people still don’t understand equity release

Despite recent figures showing that £2.8 billion in lifetime mortgages was lent by the...

New equity release product “launched every 48 hours”

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

OneFamily relaunches ‘Super LTV’ lifetime mortgage

OneFamily has reintroduced its lifetime mortgage for higher loans to value (LTVs). The Super LTV...

Responsible Life eyes half a billion pound target

Responsible Life says it is set to advise on half a billion pounds worth...

Expansion in the equity release market continues

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

Canada Life makes additional rate cuts on lifetime mortgage products

Canada Life has reduced the rates on six of its lifetime mortgage products. Four products...

Two new distribution services unveiled by Key

Equity release adviser Key has revealed a new distribution strategy, with a refreshed ‘whole...

More 2 Life joins Paradigm panel

Paradigm Mortgage Services has added later life lender More 2 Life to its panel. Member firms of the...

L&G introduces downsizing protection feature to lifetime mortgage offering

Legal & General Home Finance has unveiled a Downsizing Protection feature across its lifetime...

L&G secures FCA approval for lifetime mortgage advice business

Legal & General has secured approval from the Financial Conduct Authority (FCA) to launch...

Rebrand for Key Retirement Group

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

Responsive Lending unveils lifetime mortgage at 2.82%

Lifetime mortgage provider Responsible Lending has released what it is hailing as the UK’s...

Nationwide to offer RIO mortgages to wider market

The Nationwide Building Society has unveiled a comprehensive package of later life mortgage options...

Canada Life cuts lifetime mortgage rates

Canada Life has cut the rates on four of its lifetime mortgages products by...

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COMMENT

We need clearer guidance on Stamp Duty advice

Just over a week ago Angela Rayner resigned following the discovery of a Stamp Duty breach on a flat she owns in Hove. She...

Discount Market Value: a local solution for a national housing challenge

The UK housing market is under constant scrutiny, especially when it comes to bolstering the supply of affordable housing. The government’s recent announcement of a...

Don’t overlook lifetime mortgages for clients with IHT worries

Lifetime mortgages have evolved significantly over the last few years. The industry has risen to the challenge, developing innovative new product features which ensure...

You can’t just turn on a tap and expect housing supply to flow

Yawn and stretch, the government have appointed a new housing Czar in place of the thoroughly discredited Angie Rayner, former Deputy Prime Minister, who...

Alan Cleary: Taking the helm at Chetwood Bank

When Alan Cleary retired from the mortgage industry in 2021 he thought his days of running banks were behind him. After more than three decades...

Latest news

Fear of rejection deters thousands from applying for a mortgage

More than a third of would-be homebuyers say the fear of being rejected is...

Foundation Home Loans expands buy-to-let criteria to include social housing lettings

Foundation Home Loans has widened its buy-to-let criteria to accept single household properties let...

Pepper Money appoints new BDM in second charge team

Pepper Money has promoted Nicholas East to business development manager in its second charge...

Assetz Capital backs £506,250 residential bridging deal in Holywood

Assetz Capital has completed an 18-month bridging facility worth £506,250, secured against a prime...