Later Life

Wanted: 800 new equity release specialists

Equity release adviser firm Bower Retirement Services has calculated that the UK needs to...

Goldsmith Williams welcomes L&G equity release move

Goldsmith Williams has said it is not surprised by the news that Legal & General...

L&G to enter lifetime mortgage market via acquisition

Legal & General Group is to acquire 100% of New Life Home Finance for...

Hodge Lifetime cuts five-year fixed rate

Hodge Lifetime has reduced the interest rate on its retirement mortgage with a five...

Bridgewater announces workshop timetable

Bridgewater Equity Release will hold its first ‘around the table’ adviser workshop of 2015...

Equity release customers funding home improvements

Key Retirement's 2014 Equity Release Market Monitor shows 63% of customers – compared with 58%...

Drawdown rate cut by Pure Retirement

Pure Retirement has cut the interest rate on the Pure Drawdown Plan. This scheme was...

DeVere Mortgages launches due to expat demand

DeVere United Kingdom has launched a new, standalone brand called deVere Mortgages. The FCA-regulated firm...

No fall in proportion of people retiring with debt

19% of those planning to retire in 2015 will do so with debts outstanding,...

LLA strikes will-writing deal

The Later Life Academy (LLA), the commercial and training organisation for later life advisers,...

Paradigm announces award winners

Paradigm Mortgage Services has revealed the yearly winners of its Lender and Provider Awards. ...

KR Group hires COO

KR Group, which trades as Key Retirement, has announced the appointment of Michael Schaefer...

29% year-on-year growth for equity release market

The total value of equity release lending reached £1.38bn in 2014, according to the...

Key Retirement to offer retirement options proposition

In February Key Retirement will introduce a new Retirement Options service. This follows a...

COMMENT

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....

AI is changing banking but trust will define who succeeds

For the past three years, the conversation around artificial intelligence in financial services has been dominated by technology. Every week seems to bring another...

Latest news

Stamp duty and community ties stall downsizing

Nearly three in five over-65s have considered downsizing but stamp duty, family ties and...

Fairfax steps down as Catalyst CEO

Catalyst Property Finance founder Chris Fairfax is stepping down as chief executive following the...

Mortgage fraud rises across every category

Mortgage-related fraud increased across every category tracked by Cifas during the first half of...

West One adds 6.5x LTI residential tier

West One has expanded its residential mortgage and Extra second charge ranges with higher...

PROFILES