Tag Result: Steve wilkie
RIO market fails to meet FCA target with just over 3,000 sold in 2022
Some 3,156 retirement interest-only (RIO) mortgages were sold in 2022, falling significant...
Nearly three quarters of lifetime mortgage borrowers choose roll-up interest
Around 75 per cent of lifetime mortgage customers choose to let interest roll-up during th...
Home improvements drove equity release use in 2022 – Responsible Life
More borrowers used the funds released from their homes to make improvements, according to...
Home improvements overtake repayments as main use for equity release – Responsible Life
A study has found that more lifetime mortgage borrowers are using their loans to pay for h...
Number of equity release customers reaches record in Q3 – ERC
The equity release sector processed 13,452 new plans in Q3 marking a record number of new ...
Responsible Life makes video consultations a permanent feature
Responsible Life has launched a dedicated Remote Advice Centre (RAC) for customers to get ...
RIO mortgage sales double but progress is ‘poor’ – Responsible Life
The number of retirement interest-only (RIO) mortgage sales nearly doubled annually from 3...
Lifetime mortgage product switches slump by a third in Q1
The rate at which lifetime mortgage customers are switching to better deals collapsed at t...
UK homeowners increase equity for first decade on record
This decade is the only one on record in which homeowners have injected more equity into t...
‘Vigorous’ growth in equity release deals will drive innovation
The rise in equity release products on the market should push lenders to become more innov...