Later Life

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...

New book outlines state’s challenges ahead

Academics, parliamentarians and leading industry figures have contributed to a new publication, outlining the...

Growing number of brokers recommending equity release

74% of brokers either currently recommend or would recommend later life lending or equity...

LV= promotes pair to group executive team

LV= has promoted John Perks, managing director of its retirement solutions business, and Myles...

Strong retirement growth for L&G

Legal & General Group has revealed that its retirement division experienced strong new business sales in...

Equity release seminar programme taking place in July

Responsible Equity Release and product provider LV= are hosting a national series of seminars...

FSE: interest-only borrowers fuelling equity release rise

Dean Mirfin of Key Retirement says there has been a significant rise in the...

New associates for the CML

The Council of Mortgage Lenders (CML) has announced the addition of another five new...

Retirement Advantage launches modified product range

Retirement Advantage has launched an enhanced range of equity release products which do not...

Over-50s not making most of their finances pre-retirement

The over-50s are spending their extra income they receive once they’ve paid off their...

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