Equity Release News
StepChange Financial Solutions has been appointed by Magellan Homeloans to advise clients about its specialist range of credit repair mortgages.
Key Retirement Solutions is rebranding as Key Retirement with two distribution divisions focusing on retirement lending and wealth and retirement options.
National equity release adviser firm Bower Retirement Services is looking to boost its face to face adviser team and support staff and double the number of its advisers to 48.
Ray McCaarthy has joined The Later Life Academy as national development manager.
Bridgewater Equity Release has announced the details of four equity release advice sessions being held from September onwards across England.
Future generations of pensioners face a bleak future unless the government addresses the long term challenges of working age poverty, the International Longevity Centre – UK has warned.
Pure Retirement has signed with originations and servicing platform Phoebus Equity Release solution on a five year contract.
House prices in Yorkshire have increased by 3% in the last year, 9% in the last decade, research from Age Partnership has revealed.
The enhanced equity release sector – which enables more money to be released for people with health problems - has the potential to grow if advisers are better trained, Stuart Wilson, marketing director at more 2 life, claims.
The government should create a state-run Equity Bank to help low income pensioners generate extra income from their property, a report from two City University professors has proposed.
Bridgewater Equity Release will head to Peterborough next month to hold its latest roundtable workshop for specialist equity release advisers.
Seven out of 10 over-65 homeowners want to stay living in their current property during retirement yet nearly two-thirds (64%) believe they can’t safely without modifying their homes, research from the Equity Release Council has revealed.
Retirement specialist LV= today has launched an enhanced equity release lending policy document for advisers.
Pensioners will be able to plot their future using retirement planning website RetireEasy.co.uk,
Bridgewater Equity Release will hold its next round table adviser workshop on June 17 at the Ashford Solicitors office in Plymouth.
More than half of professionals plan to use their property for extra pension support, specialist financial services provider Wesleyan has revealed.
Bridgewater Equity Release will host its next Masterclass event for equity release advisers at the Village Hotel in Bournemouth on the 20 May.
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.