Customers released an average £75,032 during the three months and the most popular use of the money was paying for home and garden improvement, as 60% used equity release for that purpose.
The lender has appointed Charlotte Parker to support brokers in the Guildford, Kingston upon Thames, Portsmouth, Reading, Southampton, South West London, Sutton and Twickenham postcodes.
The lender is now accepting top slicing on all eligible personal ownership, limited company, portfolio, HMO, and holiday and student let applications. First time buyers are excluded.
Selina is a digital mortgage lender, providing second charge business mortgages and property investment loans, offering business and investment loans from 4.95%.
The integration enables users of The Key to save time and resources by using the Webline Portal to access the UK’s top mortgage protection providers, obtain unlimited quotes 24/7, digitally compare different product rates and complete and submit applications electronically.
The Home Survey Standard consultation proposes improvements to the way that home surveys are carried out and communicated.
The funds will be used by Furnley House to develop its product and service offering and allowing the firm to expand its team.
In the three months to March 31 it facilitated over £400m of loans and is on target to deliver £2bn of loans throughout the calendar year.
All cases will be managed by a single new build specialist, from initial vetting through to offer.
Banks will be responsible for overseeing all operational activities at Equifax sites including London, Wexford, Leeds and Nottingham.