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Category: Equity release

Figures out last week from the Council of Mortgage Lenders showed that overall mortgage lending decreased by 30% over the same period. Overall Business Figures:…

Further to recent comments from SHIP, demonstrating confidence in the growth of the market, Just Retirement believes current events will also improve long-term confidence in…

Findings from the fourth annual SHIP member survey show that over 90% of providers think that the volume of new business will increase in the…

Combined with other main drivers such as the endemic lack of retirement funding, the potential entry into the market by high street banks and building…

Anthony Rafferty, head of marketing at Norwich Union Post Retirement Products, commented: “The last 10 years have seen a 141% growth in the Scottish equity…

Advisers are being asked to challenge customers with regard to their preferences, particularly around any misconceptions they may have about which equity release product is…

The high level of customer satisfaction underlines the strength of Norwich Union’s equity release advice service. Of the thousands of people who approach Norwich Union…

But the market will continue to suffer until lenders deliver the kind of products that homeowners want, said the wealth manager’s mortgage director Gary Festa.…

The survey by the National Association of Estate Agents (NAEA) also revealed that consumers are responding to the recession by cutting their asking prices –…

The professional approach

As many Mortgage Introducer readers will know, equity release has been regulated by the FSA since April 2007. This regulation includes a requirement that those…