Equity Release

Record quarter for equity release lending

Latest industry data from the Equity Release Council reveals that homeowners over the age...

Equity release market on track to exceed £2bn for first time

Retired homeowners cashed in more than £934 million of property wealth in the first...

Santander and L&G partner for lifetime mortgages

Legal & General and Santander have agreed five-year deal to offer lifetime mortgages to Santander...

Record rise in enquiries for Key Partnerships

Equity release referral service Key Partnerships has seen a record 47% increase in enquiries...

Sharp rise in post-referendum equity release enquiries

There has been a 44% rise in the number of enquiries about equity release...

17% of older interest-only borrowers unable to clear debt

Up to one in 10 over-55s homeowners across the UK are still paying interest-only...

Growing number of brokers recommending equity release

74% of brokers either currently recommend or would recommend later life lending or equity...

LV= promotes pair to group executive team

LV= has promoted John Perks, managing director of its retirement solutions business, and Myles...

Strong retirement growth for L&G

Legal & General Group has revealed that its retirement division experienced strong new business sales in...

Equity release seminar programme taking place in July

Responsible Equity Release and product provider LV= are hosting a national series of seminars...

FSE: interest-only borrowers fuelling equity release rise

Dean Mirfin of Key Retirement says there has been a significant rise in the...

New associates for the CML

The Council of Mortgage Lenders (CML) has announced the addition of another five new...

Retirement Advantage launches modified product range

Retirement Advantage has launched an enhanced range of equity release products which do not...

Record levels of product choice in equity release

Lenders are increasing the choice of equity release plans on offer with a record...
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COMMENT

Comment

Mortgage maturity: A golden opportunity for advisers

Around 1.8 million fixed-rate mortgage deals are due to come to an end in 2026, adding to the 1.6 million mortgages that already matured...

Rates are moving and regulation is evolving

Many lenders are having to increase their rates, and that trend looks set to continue over the coming week. For clients whose current deal...

Building tomorrow’s mortgage market: AI built on trust, governance and confidence

The government's Financial Services AI Adoption Plan, led by Harriet Rees, group chief information officer at Starling Bank, and Dr Rohit Dhawan, group director...

The protection prompt: what AI still needs to get right

The Mills Review has prompted plenty of discussion across the mortgage industry. While much of the focus has been on the finding that a...

Why second charges are helping Right to Buy borrowers do more with their home

For many people, Right to Buy is still one of the most accessible ways to become a homeowner and over the last five years,...

Latest news

Regulation

IMLA supports flexible mortgage rules but says housing supply remains key

Mortgage lenders have backed proposals to give first-time buyers and other underserved borrowers greater...
Mortgages

Mortgage borrowing jumps to £7.7bn

Net mortgage borrowing more than doubled to £7.7bn in June, up from £3.3bn in...
Regulation

AMI says mortgage rule reforms must keep advice at their core

Proposals to give lenders greater flexibility must be supported by mortgage advice if they...
Stamp Duty

Stamp duty deters half of over-65s from moving

Half of over-65s see stamp duty as a barrier to moving home, despite 58%...

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