Category: Equity release

OAP old equity release1

While more than £2.15bn of property wealth was released last year, as the market grew by 34%, advisers regularly recommend clients look to other ways of increasing retirement income.

Matthew Pheasey

Matthew Pheasey joins Just

Matthew Pheasey joins as director of intermediary distribution.

OAP old equity release

Customers can opt for a fixed or variable interest rate.

old happy couple equity release retirement

Typical referral customers released £100,600, up from £55,300 from customers going direct to advisers.

OAP old equity release

Marsden offers options for customers between 55 and 85, with prices starting from 2.39% for a 2-year discount, 2.59% for a 3-year discount and 2-year fixes from 2.89%.

meeting

SMP unveils 2017 roadshow

The events will feature Jeremy Duncombe of Legal and General Mortgage Club, Liz Syms from Connect for Intermediaries and Key Retirement will give an equity release update.

OAP old equity release1

A quarter (25%) used it to ‘top up’ their income and pay for everyday expenses, while one in seven (15%) used the money to pay off mortgages, loans and debts – up from 9% in 2015.

old happy couple equity release retirement

The society offers alternatives to equity release including a 5-year mortgage for an 89-year-old and a 16-year term for a 70-year-old.

Dan Baines

With help of John Malone as an ambassador Age Partnership plans to grow its service and staff count significantly in the year ahead.

Just logo

The group offers retirement income solutions, care, medically underwritten defined benefit de-risking and equity release markets with a market cap of £1.4bn and assets under management of £16bn.