Later Life

H2 2020 recovery for equity release market

The Equity Release Council has reported that the total value of UK private property...

LiveMore widens LTV bands and cuts rates

Retirement Interest Only (RIO) mortgage provider, LiveMore Capital, has announced a reduction of its standard...

Reasons for equity release declines revealed

More2life has looked at the reasons why equity release cases are declined in order...

Equity Release Council refreshes brand and adds endorsement mark

The Equity Release Council has refreshed its branding to reflect the "innovative and vibrant...

New CFO for Key Group

Key Group has appointed Simon Drew as chief financial officer (CFO). Drew has spent over...

Average retired households paying 14% of income in tax

As the end of the tax year looms, equity release adviser Key has established...

TRM appoints equity release supervision & development manager

The Later Life Lending Network, the equity release proposition of The Right Mortgage and...

Hodge ups later life maximum LTV

Hodge has increased the maximum LTV from 70% to 75% across its 50+ and...

My Care Consultant: consumers need access to joined-up advice

My Care Consultant (MCC) has published an adviser-facing guide entitled ‘Equity Release and the...

OneFamily doubles size of advice team

OneFamily is to expand its equity release advice proposition, with a doubling of its...

Over-55s’ unsecured debt a growing problem

Unsecured debt is a major issue for older homeowners, according to new data analysis...

more2life appoints BDM

More2life has appointed Darren Hymos as business development manager. Hymos (pictured) has over 35 years’ experience...

Robotic automation speeding up more2life’s servicing

Lifetime mortgage provider, more2life, has reported the results of its partnership with Robiquity, specialists...

Canada Life sees rise in equity release used to buy new property

Covid-19 has brought about a change in how customers are using the equity released...

COMMENT

Busting the myths that stop homeowners protecting their income

In my role at LifeSearch, I spend a lot of time talking to mortgage advisers, brokers, and, increasingly, customers directly. One thing comes up time...

Stop tinkering: Why mortgage tech needs a proper overhaul

Let’s be honest. If you work in the UK mortgage market right now, you know we’re all running pretty fast just to stand still. Between...

This is a different mortgage market and borrowers are reacting to it

It is important to be clear about what has changed in the mortgage market over the last month or so, because the latest data-specific...

The rise of larger deposits

The first-time buyer profile is changing. Increasingly, buyers are entering the market with larger deposits than at any point in recent years as many...

Is life insurance too confusing to buy?

While there are peaks and troughs depending on where we look, the UK life insurance market is typically quite flat, including mortgage-related protection. Recent data...

Latest news

CHL cuts buy-to-let rates by up to 25bps

CHL Mortgages has reduced rates across its short-term let and limited edition buy-to-let ranges. The...

Darlington cuts rates across buy-to-let and specialist ranges

Darlington Building Society has reduced mortgage rates by up to 50bps across its buy-to-let,...

HTB backs £2.4m Mitcham scheme

Hampshire Trust Bank has provided a £2.4m development finance facility for a mixed-use scheme in...

The Mansfield reports record mortgage lending for second year running

Mansfield Building Society has reported record mortgage lending for the second successive year, after...

PROFILES