Later Life

The Leeds unveils first fee-free RIO mortgage with cashback

The Leeds Building Society is offering the first Retirement Interest Only (RIO) mortgages with...

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...

Equity release demand to be driven by debt, say advisers

According to a survey of equity release-qualified financial advisers carried out by Canada Life,...

Many over-55s unaware of implications of buying leasehold

Equity release adviser Key has found that over half of older homeowners who own...

The Nottingham unveils 10-year fixed RIO

The Nottingham has introduced a Retirement Interest Only (RIO) mortgage fixed at 3.95% for...

16% of RIO mortgages used for gifting

Later life specialist Hodge has reported that that 16% of those who take out...

Brits nervous about their finance futures

Fewer than one in 10 people are very confident they will be comfortable when...

New equity release product “launched every 48 hours”

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

Advisers want equity release education to boost market in 2020

Advisers think better education for customers is the number one factor for making equity...

Chief examiner in regulated equity release appointed

Graham Evans, head of compliance at Equity Release Supermarket (ERS), has been appointed the...

Air Sourcing and Knowledge Bank announce integration

Answers in Retirement Group (Air Group) has announced full API integration between its platform,...

Over one-third of over-55s living beyond their means

35% of over-55s say their expenditure exceeds their income, with a significant majority of...

StepChange Financial Solutions joins the Equity Release Council

The Equity Release Council has announced that StepChange Financial Solutions has become its latest...

Sharp rise in over-55s’ credit card debt

The proportion of over-55s who have been in debt in the last five years...

COMMENT

Busting the myths that stop homeowners protecting their income

In my role at LifeSearch, I spend a lot of time talking to mortgage advisers, brokers, and, increasingly, customers directly. One thing comes up time...

Stop tinkering: Why mortgage tech needs a proper overhaul

Let’s be honest. If you work in the UK mortgage market right now, you know we’re all running pretty fast just to stand still. Between...

This is a different mortgage market and borrowers are reacting to it

It is important to be clear about what has changed in the mortgage market over the last month or so, because the latest data-specific...

The rise of larger deposits

The first-time buyer profile is changing. Increasingly, buyers are entering the market with larger deposits than at any point in recent years as many...

Is life insurance too confusing to buy?

While there are peaks and troughs depending on where we look, the UK life insurance market is typically quite flat, including mortgage-related protection. Recent data...

Latest news

CHL cuts buy-to-let rates by up to 25bps

CHL Mortgages has reduced rates across its short-term let and limited edition buy-to-let ranges. The...

Darlington cuts rates across buy-to-let and specialist ranges

Darlington Building Society has reduced mortgage rates by up to 50bps across its buy-to-let,...

HTB backs £2.4m Mitcham scheme

Hampshire Trust Bank has provided a £2.4m development finance facility for a mixed-use scheme in...

The Mansfield reports record mortgage lending for second year running

Mansfield Building Society has reported record mortgage lending for the second successive year, after...

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