Later Life

Average home sale would pay for seven years’ care

The latest Care Index from Partnership has found that 53% of over-45s agree that...

AIR Sourcing partners with PTFS

AIR Sourcing has embarked upon a new relationship with Personal Touch Financial Services (PTFS). The...

Downsizers overestimating cash raised

Older homeowners have unrealistic expectations about how much money they will raise from downsizing...

Two-thirds of advisers back equity release qualification plan

67% of advisers are supportive of the FCA’s plans to introduce a new standalone...

Equity release market predicted to hit £5bn by 2020

The equity release market will “comfortably be a £5bn market by 2020,” brokers Financial Services...

TML partners with John Charcol

The Mortgage Lender (TML) has announced a new partnership with John Charcol. The addition of...

Record equity release lending figures

The total value of equity release lending grew by 26% year-on-year to a new...

Spending declines by half between early and later retirement

Latest analysis of income and average expenditure statistics by Aegon has found that spending...

Scottish Widows announces fund refresh

Scottish Widows has made a number of changes to its fund range as part of its ‘Driving...

Savers increasingly tempted by non-guaranteed options

31% of retirement savers would consider transferring their guaranteed final salary pension benefits into cash...

Openwork reaches £8bn in lending

Openwork has reported over £8bn in mortgage completions up to the end of the...

‘Retirement reality check’ for younger workers

UK workers plan to give up work before they turn 62. However, they could...

Royal London backs cold-calling ban

A petition calling for a ban on cold-calling to sell pensions and investments has...

Prudential offers full service access via British Sign Language

Prudential has become the first UK retirement product provider to introduce a web-based video...

COMMENT

The industry needs to prepare now for Your First Home

The government’s announcement of the Your First Home scheme is genuinely positive news, and anything that boosts confidence among first-time buyers and people trying...

Why advisers can be part of the conveyancing team

There is a tendency to think the mortgage adviser’s involvement in conveyancing begins with recommending a firm and then largely ends once the client...

Why the AI revolution could be a golden age for financial advice

Every major technological shift creates the same debate: will it empower professionals to do more, or eventually replace them? Artificial intelligence is simply the latest...

Should mortgage advisers consider the emerging secondary market for life policies?

Mortgage advisers regularly help clients navigate major life changes. While much of the focus is naturally on borrowing, refinancing and insurance, there is another...

One mortgage journey no longer fits every borrower

In the mortgage market, we have lots of different ways of describing customers depending on where they are in their lives. We talk about...

Latest news

Cambridge BS opens applications for deposit-building Rent to Home scheme

The Cambridge Building Society has opened applications for its Rent to Home property in...

Life changes could create new wave of accidental landlords

Changes in personal circumstances rather than investment plans could push more homeowners into the...

Remortgage searches jump 40% as borrowers return after summer

Remortgage activity drove a sharp rise in mortgage searches during September, with Twenty7tec recording...

Step One Finance adopts OMS origination platform

Step One Finance has introduced a bespoke loan origination system developed with One Mortgage...

PROFILES