Later Life

Nationwide to offer RIO mortgages to wider market

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

The Saffron bolsters RIO offering

The Saffron Building Society's latest addition to its Retirement Interest Only (RIO) mortgage products...

Legal & General acquires pension pot tracing business

Legal & General Retail Retirement (LGRR) has purchased a 100% stake in Finovation Limited,...

Age Partnership offers sub-3% fixed equity release rate

Equity release adviser Age Partnership has secured exclusive access to what it claims is...

Together ups maximum age at mortgage end

Specialist lender Together has started offering new mortgages which can end when applicants reach...

Master Private Finance to distribute TML products

The Mortgage Lender (TML) has been appointed to the panel of newly launched Master...

Impact Specialist Finance joins TMA packager panel

Impact Specialist Finance has been added to TMA’s approved packager panel. TMA members can now...

Debt a growing issue with over-55s

Equity release adviser Key has calculated that up to half of older homeowners are...

Increasing longevity creating major change in inheritance trends

An estimated £8.5 billion of inheritance wealth is now skipping a generation each year,...

SunLife: average inheritance for over-55s is £75k

46% of people aged over 55 have received an inheritance, according to SunLife. The average...

More 2 Life to hold later life lending symposiums

More 2 Life is to run a series of later life lending symposiums this...

RIO not a magic bullet for majority of interest-only borrowers

Royal London has calculated that the majority of interest-only borrowers looking to move to a...

Where next for the Baby Boomers?

The FCA recently published a discussion paper on the different issues being faced by...

Legal & General Mortgage Club reveals Autumn event schedule

Legal & General Mortgage Club has published its calendar of Autumn events and roadshows. The...

COMMENT

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market where it can often feel like change is the only...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a salaried employee, single source of income and, most likely, a...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

Your clients aren’t being stolen… they’re being handed over

Let's be honest about something the industry won't say out loud. Lenders going direct aren't the problem. Brokers are. Every year the same conversation happens....

Latest news

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and...

PROFILES