Later Life

Record quarter for equity release lending

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

46% see property wealth as key to retirement income planning

Long term growth in UK house prices and homeowners’ lasting attachment to their homes...

Over-65s boosting retirement income with work

Almost one in seven over-65s are adding to their retirement income by working, earning...

Barriers to downsizing examined

58% of over 55s have no intention to downsize in the near future, despite...

The Nationwide unveils new maximum borrowing age

The Nationwide Building Society has launched its new maximum age for borrowing of 85, available for...

Annual pension contributions on the rise

The total amount contributed annually by UK individuals into their pensions has increased by...

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...

Over 60s finding more retirement income than expected

Almost one-third of the UK’s recently retired over 60s population have found themselves with...

Santander and L&G partner for lifetime mortgages

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

Over 50s massively underestimating retirement income

The UK's over 50s need double the amount they think to generate a decent...

The Mortgage Lender opens its doors

New specialist intermediary-only lender, The Mortgage Lender (TML), is now accepting broker registrations, decision in...

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...

COMMENT

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...

Why the government’s housing ambitions won’t fix the affordability crisis

With the bidding open for the government’s £39bn Social and Affordable Homes Programme - the main pillar of its long-term housing strategy - homebuying...

Latest news

SortRefer marks 17 years with record month for instructions and completions

SortRefer has marked its 17th anniversary after reporting its strongest monthly performance to date...

The Mortgage Works cuts buy-to-let rates on selected new business deals

The Mortgage Works is cutting selected buy-to-let and let-to-buy rates by up to 0.20...

Primis promotes three in push to expand recruitment and regional broker support

Primis has promoted three senior executives as it seeks to recruit more adviser firms...

Santander cuts higher LTV rates for first-time buyers and home movers

Santander is cutting selected fixed mortgage rates across its first-time buyer, home mover and...

PROFILES