Later Life

Increased living costs resulting in rethinking of retirement plans

14% of retirees aged over 55 have gone back into work, as their living...

Legal & General Home Finance adds new pricing to PTLM products

Legal & General Home Finance is extending its individual pricing approach to its recently...

Marsden BS to offer 5x income on later life remortgages

Marsden Building Society has made changes to its later life mortgage criteria, including increasing...

The ‘modern woman’ in equity release profiled

Lifetime mortgage lender Pure Retirement has analysed its data to establish what the modern,...

Mortgages stopping 2.8 million from saving more for later life

22% of UK homeowners with a mortgage – equivalent to 2.8 million people –...

LiveMore creates new propositions team

LiveMore is expanding its operations with a new propositions team. Samantha Ward, who has consulted...

Regional attitudes to using property wealth to help loved ones revealed

Research from Hodge has found that people in Scotland are more comfortable releasing equity...

Key’s new PTLTM offers higher LTVs to equity release customers

Key Later Life Finance has added a new Payment Term Lifetime Mortgage (PTLTM) into...

Royal London appoints group COO

Royal London has announced the appointment of Peter Josse as its new group chief...

Simplify gifting to help FTBs, Chancellor urged

Key Later Life Finance believes that simplifying the tax rules on gifting in March’s...

Middle classes increasingly using equity release

Equity release is increasingly being explored by the middle classes when looking at the...

Hodge improves 50+, RIO and holiday let criteria

Hodge has made major changes to its 50+, Retirement Interest Only (RIO) and Holiday...

Aviva Equity Release becomes Air Select Ambassador

Air has announced that Aviva will be joining its group of Air Select Ambassadors...

Clearing existing mortgage still top reason for releasing equity

Clearing an existing mortgage remains the top motivation for releasing equity (41%) for the...

Latest POLL

COMMENT

Discount Market Value: a local solution for a national housing challenge

The UK housing market is under constant scrutiny, especially when it comes to bolstering the supply of affordable housing. The government’s recent announcement of a...

Don’t overlook lifetime mortgages for clients with IHT worries

Lifetime mortgages have evolved significantly over the last few years. The industry has risen to the challenge, developing innovative new product features which ensure...

You can’t just turn on a tap and expect housing supply to flow

Yawn and stretch, the government have appointed a new housing Czar in place of the thoroughly discredited Angie Rayner, former Deputy Prime Minister, who...

Alan Cleary: Taking the helm at Chetwood Bank

When Alan Cleary retired from the mortgage industry in 2021 he thought his days of running banks were behind him. After more than three decades...

The sourcing system effect in specialist lending

In specialist lending, the right fit for a client has never been as simple as picking the top rate from a list. In sectors like...

Latest news

Market Harborough cuts rates on larger residential loans

Market Harborough Building Society has reduced rates on its larger loan products by as...

Shawbrook promotes Apollonio to lead retail mortgage sales

Shawbrook has promoted Louise Apollonio to sales and distribution director for retail mortgages, as...

Clydesdale Bank raises fixed mortgage rates across core and specialist ranges

Clydesdale Bank is set to raise a range of fixed mortgage rates from Monday,...

Growth in online auctions reshaping UK property market

The UK property auction market is being rapidly transformed by digital platforms, with record...