Category: Equity release
Christine White and Lisa Green have joined as underwriters, and Karen Welch, Lucy Donaldson and Louise Fuller have joined as mortgage processors.
Members of the Equity Release Club, the distributor for equity release and later life advisers, will now be able to access the Newbury’s range of mortgage products for later life customers.
The council has called for cross-party later-life commission to be set up to help meet the long-term needs of people in later life.
The criteria-based sourcing system’s criteria index has found both categories feature in almost every monthly list and the search for loans for self-employed borrowers has been in the top two for 10 out of the past 12 months.
Three in five (62%) specifically said they want to help their loved ones become homeowners.
Registration for visitors is free.
The number of deals has also risen, giving more choice to prospective borrowers.
This gives homeowners access to grants, guaranteed quality works from vetted contractors, access to full market financial advice and a unique lifetime mortgage developed with LRS.
Saffron offers a lending into retirement mortgage and has made the choice to refer those customers who approach them for support with later life lending and may find equity release is a better fit for their situation.
Members of the club can now access the Family’s range of mortgages for those in later life including owner-occupier repayment mortgages, available up to a maximum age of 95 at the end of the term.