Category: Equity release
Age Space has formed a referral partnership with equity release specialist adviser Laterliving Now.
More2life has welcomed the FCA’s final guidance on the treatment of vulnerable customers and has published findings highlighting adviser and consumer views on the issue.
The Equity Release Council (ERC) has launched a new competency framework to support financial advisers in their professional development within the equity release and later life lending market.
The service will offer advisers support and resources to help them develop and grow their later life businesses.
Equity Release Associates noted that this decision stems from it intending to support its growing community of later life advisers.
The savings and retirement specialist is introducing a 1% cashback deal across its Drawdown+ and Lump Sum+ lifetime mortgages.
The impact of COVID-19 has resulted in 67% of over 50s outlining that they intend to receive care at home in the future amid confusion over costs.
Hodge have said they will continue to sell all other existing products including RIO and holiday let mortgages.
The total amount of housing equity available to UK homeowners aged over-55 now stands at an estimated £600.5bn.