Tag Result: older borrower
Almost a third of older homeowners identify themselves as vulnerable
Around 32 per cent of people aged 50 to 79 years old consider themselves vulnerable due to...
New later life lending loans fall by more than a third in Q2 – UK Finance
Around 304,400 new loans were advanced to older borrowers in Q2 this year, a fall of 38.5 ...
Over 55s consider return to work or downsizing to manage mortgage costs – Key
The higher rate environment is causing worry among older homeowners, as a survey from a la...
Women over 45 more concerned about products fitting needs and fair value than men
Around half of women feel that products and services that meet individual needs are import...
L&G adds low LTVs to lifetime mortgage range
Legal and General (L&G) Home Finance has added low loan to value (LTV) options to its ...
Equity release hits seven-year quarterly low as lending falls to £664m in Q2 – ERC
Total lending across the equity release sector reached £664m in Q2, making it the quietes...
Over half of customers use equity release for home improvements
Around 53 per cent of existing customers release additional funds from a lifetime mortgage...
Just a fifth of older borrowers are aware of Consumer Duty – Air
Most consumers who are aged 45 and over do not know about the incoming Consumer Duty, a su...
Smaller loan sizes ‘new normal’ for lifetime mortgages – Wilson
For any adviser, loan size matters, not least because – for the most part – this will ...
Vulnerability awareness improves as more advisers highlight challenges – More2Life
Later life advisers’ ability to identify vulnerabilities in clients has got better, as f...