Equity Release News
more 2 life is expanding choice and flexibility for equity release customers and advisers with the Tailored Choice Plan providing personalised plans and rates.
Three quarters of advisers think that more retirees should consider their property as part of their asset mix when looking at funding their retirement.
Pure Retirement has reduced the interest rate on the ‘Pure Drawdown Plan’ has been reduced by 0.43% to 6.59% monthly (6.79% annual).
Advisers have been told that offering equity release is a no brainer by a panel of industry leaders at the Personal Finance Society National Conference.
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.