Equity Release News
Key Group has appointed Will Hale as business development director.
More than one in three over-65s have paid off debts of more than £2,000 for children or teenage grandchildren, research from MetLife shows.
Equity release lender more 2 life will be MMR compliant by April 7, more than two weeks ahead of the April 24 deadline, it was revealed.
Hodge Lifetime has joined the Later Life Academy as its latest product adviser.
The Right Equity Release, the specialist club launched in 2010, has announced £1.33m in sales, delivering £187,000 net profit before tax.
Openwork has chosen Key Retirement Solutions as its exclusive provider of equity release schemes.
Clearing existing mortgages is the most common reason for applying for a lifetime mortgage, research from Stonehaven has found.
Hodge Lifetime’s Retirement Mortgage will now be available on the Assureweb equity release sourcing system.
Bridgewater Equity Release’s upcoming London Masterclass is set to focus on long-term care, MMR and creating opportunities.
Stonehaven is the latest ambassador of the Later Life Academy, the recently launched commercial and training organisation for later life advisers.
Just Retirement has reduced its minimum fund size to £2,000 from £5,000 to enable a larger number of pension savers to gain access to its underwritten rates, potentially generating extra income over the course of retirement.
Equity release legal specialists Equilaw are joining the Later Life Academy as a Product Ambassadors, where they will focus on the legal process of equity release conveyancing.
Some 77% of advisers believe that public perception of lifetime mortgages has improved significantly over the last five years, a new survey by Stonehaven has revealed.
Lifetime mortgage specialist Stonehaven has cut the rates on its lifetime mortgage range.
Bridgewater Equity Release will hold “Advice Masterclass” sessions around the country in the first half of 2014.
The equity release market crossed the £1bn barrier in 2013 as the third year of growth in the market highlighted confidence in using property wealth as part of retirement planning, analysis from specialist adviser Key Retirement Solutions...
Simon Chalk, adviser and technical manager for equity release at Age Partnership has announced his intention of standing for election to the ‘Adviser Representative’ position on the Equity Release Council Standards Board with nominations...
The Financial Conduct Authority’s equity release qualifications are “so easy you could train a bull terrier to pass them in three days” according to Equity Advice managing director Stuart Wilson,
One in every four (26%) retired households across England and Wales are currently renting their home, a new analysis of ONS census data by Prudential has revealed.
Lord Lipsey has praised the ‘tremendous flexibility’ of equity release in providing extra income for over-55s and said it will play a major role in the ‘new world’ of care and retirement planning.
Key Retirement Solutions has appointed Tony Kane as its new group marketing director.
Eighty-five per cent of homeowners have little or no awareness that interest can be paid in part or in full for lifetime mortgages, according to a new survey from Stonehaven.
For those of you with an interest in equity release and retirement products, the ABI has launched what it says is the first comprehensive review of the UK’s retirement needs and is asking for your views.
The Equity Release Council will meet with MPs and peers today at the House of Commons to examine the current attitudes of older people towards saving for retirement.
Onyx Servicing, a new lifetime mortgage outsourcing service aimed at banks, lenders and life insurers, has launched in response to the growing demand for equity release mortgages.
Fewer than half of couples over the age of 40 have made arrangements to ensure that one partner will continue to receive a retirement income after the other dies, research from Prudential reveals.
Property costs have proved to be one of the major drains on parents’ incomes, research from retirement specialists Responsible Equity Release revealed.
Keystone Buy to Let Mortgages is making its products available to the appointed representatives of the Intrinsic network.
The Equity Release Council has introduced an extra set of safeguards to ensure consumers get the best possible advice and service.
Paradigm Mortgage Services, the mortgage services proposition, has announced details of an exclusive equity release workshop being held in October for its members.
People are now using their houses as part of a sophisticated approach to funding later life, according to research by The Saga Equity Release Advice Service.
Hodge Lifetime has launched a new interest only lifetime mortgage to fill the gap between a traditional residential mortgage and existing equity release lifetime mortgages.
SimplyBiz has linked up with Age Partnership to provide third party compliance support for all aspects of the Age Partnership proposition.
Retired homeowners have total property wealth owned outright of £774.22bn as the housing market continues to grow, research from Key Retirement Solutions shows.
Equity release provider Just Retirement has reported that its annual lifetime mortgage sales have increased by 15% to £309.7m for the year ending 30 June.
The Equity Release Council has appointed Donna Bathgate, formerly head of marketing operations at the Chartered Insurance Institute, as chief operating officer.
Key Retirement Solutions has sold a majority stake of the KRS Group of companies to Phoenix Equity Partners.
LV= has cut the rates on its Lifetime Mortgage lump sum product by 20 basis points
Just Retirement has backed Towers Watson’s calls for equity release to be a ‘permitted Asset class under Solvency II.
The European Pensions and Property Asset Release Group is today leading a discussion in Brussels amongst key EU institutional stakeholders, industry representatives, academics and representatives of the charity sector on ways to explore...
With the UK averaging well over 100,000 divorces every year Bridgewater’s latest ‘Just a thought...’ sales aid tackles the issue of ‘Divorce Rescue’ and how equity release could play a part in keeping a family in a home.
Equity release rates could plummet to sub 5% by the end of the year as the cost of funding continues to drive pricing down,
The quality of service provided is second only to rates in terms of what advisers look for when choosing an annuity provider, research from iPipeline and Canada Life has revealed.
Equity release lender more 2 life is maintaining the pressure on rates with a further rate cut to 5.5% on its Protected Equity Plan enabling customers to safeguard part of their equity for inheritances.
Customers still have significant misconceptions about equity release, research from Bridgewater Equity Release has revealed.
Nigel Waterson today called for action to overcome the knowledge and policy vacuum which surrounds equity release in his speech at the Retirement Income Solutions Forum in London,
Nigel Waterson, chairman of the Equity Release Council, has raised concerns that local authorities will find themselves in the role of advisers when the proposals within the government’s care bill are put into practice,
The number of UK adults who would consider equity release has risen by 23% over the past year, research from the Equity Release Solicitors Alliance has found.
Bridgewater Equity Release will be holding a roundtable workshop event next month designed to support specialist equity release advisers.
more 2 life has reduced the rates on its enhanced equity release plan to 6.6% - the second cut in just over a month.
Pensioner households have seen investment and savings income slashed by a third since the onset of the financial crisis but more are taking advantage of equity release, research from Key Retirement Solutions has revealed.
The Equity Release Council has welcomed the government’s approach to the elderly and their homes in today’s Queen’s Speech, saying equity release could be the answer.