More than two million homeowners aged over 55 are hoping to raise money to pay for retirement by downsizing, research from Prudential reveals.
The appeal of equity release has been advancing in recent times hitting record lending figures and surpassing pre-financial crisis lending as it continues to support the over 55s.
As the tenth anniversary of MDay approaches, Mark Lofthouse takes a look back.
Other Feature articles
Screen sharing with a client is time-efficient, convenient and helps clients greatly in understanding mortgage options. But it's important to execute these meetings in a professional manner, says Mark Zondler, director at Mikogo.
When fraud is costing financial institutions more than the cost of running the police force, something is seriously wrong, says Benson Hersch.
Here's our news quiz to test your knowledge of the week's most thought-provoking, quirkiest or downright bizarre moments on Mortgage Solutions.
Keith Barber, Family Building Society offers ten top tips for advisers when considering a new mortgage application
The household sector is on the verge of sinking into unprofitability. It seems that flood risk, opportunistic fraud and the inexorable rise in popularity of aggregators are all taking their toll on insurers' bottom lines.
Launched by the publishers of Mortgage Solutions, the second British New Homes Mortgage Senate brought builders brokers and mortgage lenders together to examine the critical issues facing the new-build sector.
The period between exchange and completion when purchasing a property has always been fraught with danger, but could brokers be subjecting homebuyers to risk?
Christmas has come early, says Sally Laker, MD of Mortgage Intelligence, but the best gift of rising remortgage business still hasn't arrived
The mortgage rate war is now officially in full swing. The deal which has arguably grabbed the most headlines is HSBC's first ever sub-1% mortgage, a discount deal with a current pay rate of 0.99%.
If you wanted a finer example of the impact that regulation has had on the mortgage market - in particular the MMR - then you will find no better one than HSBC's recently announced decision to begin lending through mortgage advisers.
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