Tag Result: lifetime mortgage

UK economy boosted by £3.8bn in GVA from equity release – L&G
Older homeowners accessing the value held in their homes via lifetime mortgages and other ...

One in five customers without a will and 84 per cent have no LPA
Many customers are entering the equity release advice process without legal safeguards to ...

UK property wealth reaches £5.2trn in 2021
UK property wealth hit £5.2trn in 2021, giving those releasing equity from their homes th...

Equity Release Council makes penalty-free partial repayments a product standard
The Equity Release Council (ERC) has made the ability to make penalty-free partial loan re...

Over-55s tap equity release to fund holidays as Covid restrictions ease
The number of lifetime mortgage customers using cash for holidays has tripled as pandemic ...

Just Group posts pre-tax loss of £21m following lifetime mortgage disposals
Just Group has reported an International Financial Reporting Standard (IFRS) loss before t...

Just sells portfolio of lifetime mortgages to Rothesay
Just Group has sold a portfolio of lifetime mortgages to insurance firm Rothesay Life.

Later life mortgage lending hits high of £28.1bn
Around 187,120 new mortgages were given to borrowers aged 55 and over in 2021, with total ...

A third of pension savers plan on using equity release – Canada Life
Over-55s with higher value pensions are more likely to release equity from their home as p...

Negative perception of equity release is still a hindrance to growth – Marketwatch
Rising house prices, flexible product features, remortgages and changing use of equity rel...