Later Life

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...

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...

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

Net zero rules targeted in housebuilding shake-up

The Conservatives have pledged to strip as much as £50,000 from the cost of...

Tories put stamp duty abolition at heart of housing shake-up

The Conservatives have pledged again to scrap stamp duty as part of a housing...

Target Group adds Carla Stent to board

Target Group has appointed Carla Stent as a non-executive director, adding further financial services,...

Later life lending summit to focus on changing advice needs

Mortgage advisers will be encouraged to consider how longer borrowing lives and increasingly complex...

PROFILES