Later Life

L&G removes arrangement fee on majority of lifetime deals

Legal & General has removed the arrangement fee on its flexible and lump sum lifetime...

Retirees paying nearly 30% of income in tax

Retired households paid an average of just over £7,000 each in tax last year,...

New lender secures FCA approval

Mortgages4Life has received full regulatory approval from the Financial Conduct Authority (FCA). The Peterborough-based company...

New senior hires at OneFamily

OneFamily has announced new senior executive and non-executive board member appointments. Teddy Nyahasha has been...

Retirement advisers expect stock market correction

Advisers are focusing on locking in the so-called 'Brexit bounce' for retirement savers amid...

SimplyBiz Mortgages expands equity release panel

SimplyBiz Mortgages has announced the addition of OneFamily to its equity release panel. OneFamily’s range...

ABI: minority withdrawing too much too soon from pension

The Association of British Insurers (ABI) has warned that some people are withdrawing too much...

New lowest rate for More 2 Life

More 2 Life has unveiled its lowest ever lifetime mortgage rate with a new monthly...

MetLife passes major milestone

MetLife has passed the £5 billion assets under management milestone. The UK wealth management...

Profits up at L&G

Legal & General has reported a 23% rise in pre-tax profits for the first...

Retirees increasingly living beyond their means

Retirees are spending on average £8,000 more per year than planned for, according to...

L&G offers 4.44% lifetime mortgage

Legal & General has launched a 4.44% AER Premier Flexible lifetime mortgage. It claims...

​Over 50s plan £50k ‘pension giveaway’

Over 50s are increasingly planning to hold back savings in their pension to pass...

Large rise in women’s expected retirement incomes

Women looking to retire this year expect to have the highest retirement income on record...
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COMMENT

Comment

Why rigid credit scoring is locking too many people out of homeownership

Some people don’t fit the mould. That’s always been true in mortgage lending. But the tools used by most lenders to assess borrowers, particularly...

What a bigger market means for brokers

The latest Interpath and BDLA UK Bridging Market Survey confirms what many brokers are already experiencing on the ground, that bridging has hit the...

How social media can bridge the protection disconnect

The latest AMI Protection Viewpoint provided a compelling snapshot of the challenges and opportunities facing the protection market. The research highlights a worrying pattern that...

Opening doors for credit-worthy but overlooked clients

It doesn’t take much these days for a borrower to feel they’ve fallen out of favour with the system. A missed payment here, a...

Ministerial cock-ups could kill radical property taxes

At first it might appear that the mortgage industry and the housing sector as a whole should be cross with the Labour government. After all,...

Latest news

Conveyancing

SortRefer posts record-breaking month for completions and revenue

SortRefer recorded its strongest-ever month for completions and revenue in October. The Derby-based conveyancing and...
Appointments

Catalyst reinforces underwriting operations with key promotions

Catalyst Property Finance has strengthened its underwriting function through a strategic restructure and a...
Specialist

HTB backs £4m refinance for London landlord

Hampshire Trust Bank has completed a £4m semi-commercial refinance for an experienced landlord in...
DECISION

MPC narrowly votes to hold rates at 4% as calls for a cut grow louder

The Bank of England’s Monetary Policy Committee (MPC) has come within a whisker of...

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