Later Life

Half of homeowners who use equity release pay off mortgages

49% of equity release customers in the third quarter of 2019 used it to pay...

Gatehouse Bank widens buy-to-let customer eligibility

Gatehouse Bank is making its range of buy-to-let products available to first-time buyers as...

Accord increases term limits

Accord Mortgages has changed its maximum term of 40 years and extended the age...

Expansion in the equity release market continues

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

Equity Release Supermarket sees above-industry average uplift

Equity Release Supermarket has reported that its applications to lenders rose by 10%, and...

Key Partnerships becomes SmartrRefer partner

Equity release referral service Key Partnerships has been selected as one of SmartrRefer partners,...

OneFamily joins Paradigm panel

Paradigm Mortgage Services has added lifetime mortgage provider, OneFamily to its provider panel. Paradigm members...

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...

Number of over-65s living alone up 15% over past 10 years

The Equity Release Council has reported that the total number of over-65s living alone...

Two new distribution services unveiled by Key

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

Air LLA receives training endorsement

Air Later Life Academy's (LLA) training programme has been endorsed by The London Institute...

Impact Specialist Finance unveils specialist referral service

Impact Specialist Finance has launched a referral service for its broker partners. The service can...

Key Group appoints new non-exec director

Key Group has appointed Gillian Kent as non-executive director. Kent (pictured) has almost 30 years...

‘Last-time buyers’ would be helped by stamp duty action

Equity release adviser Key has published a nationwide study which found widespread support for...

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...

PROFILES