Category: Equity release
74% of over-55s said they would be comfortable with being offered additional support for being vulnerable, according to More2Life.
There are now more than 90 lenders on Legal & General Mortgage Club’s panel.
The FCA currently places a heavy emphasis on treating vulnerable customers fairly and is currently in a consultation period about further guidance for firms.
The Royal London later life lending service will provide advice on a range of later life mortgages and will be operated by Responsible Life.
Tweed has over 20 years of experience in positions such as sales director at Hodge for Intermediaries and head of intermediary sales at OneFamily.
The tool aims to help introducers drive conversations around property wealth.
These figures follow the release of the Autumn 2020 Market Report from the Equity Release Council.
Equity release rates fell further than other personal borrowing products over both a one and two-year period.
Parkinson has previously worked as group operations director at Legal Hub Group, director at Integral Solutions and head of legal services at two leading national accident management companies.
MAB Later Life is part of a new and exclusive strategic partnership between MAB and the Key Group.