Retirement borrowing

LiveMore lowers minimum equity on over-50s’ mortgages

LiveMore has lowered the amount of equity required for its standard interest-only mortgages by...

Older borrowers won’t all be served by a mainstream-only approach

When it comes to the mortgage borrowing public in the UK, the numbers tend...

Hodge rebrands 50+ mortgages and scraps minimum age

Hodge is rebranding its 50+ mortgage products to Resi Retire. It is also removing the...

Loughborough BS increases income assessment for retirement lending

Loughborough Building Society has improved its lending in retirement proposition by moving to assess...

Major rise in 10-15yr mortgage searches from over-50s

Legal & General has revealed that broker search data from its Ignite platform shows...

Hodge improves 50+ and RIO criteria

Hodge has made changes to the criteria on its 50+ and Retirement Interest Only...

Hodge cuts 50+ and RIO rates

Hodge has reduced rates across a selection of its 50+ and Retirement Interest Only...

SimplyBiz Mortgages partners with Marsden BS

Marden Building Society has launched an exclusive range of mortgages, available only to SimplyBiz...

Loughborough BS launches affordability calculators for brokers

Loughborough Building Society has introduced a series of intermediary-focused affordability calculators. The Society has teamed...

Cost of renting in retirement is £390k

Those people who think they will rent throughout their retirement could need an additional...

LiveMore ups max loan and allows more adverse

LiveMore has increased the maximum loan value across its core range of products from...

Legal & General Home Finance improves PTLM accessibility

Legal & General Home Finance has revised its Payment Term Lifetime Mortgage (PTLM) proposition...

Lending around retirement is changing

More than two-thirds of brokers say lending up to and into retirement in the...

Growing acceptance of borrowing into older age

61% of homeowners in the UK - equivalent to 18.7 million people – are...

COMMENT

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

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