Category: Equity release
Canada Life has attributed the rise to the marginal uplift in house prices and the increase in LTVs.
Age Partnership has appointed Dan Baines as managing director of ERA, the support network for independent equity release brokers.
In this newly created role, Caroline Righton will oversee transitional finance for Key Group and more2life.
TMA members will now be able to refer clients who enquire about equity release to advisers at Access or Knight Frank Finance.
Jon Dunckley has more than 20 years’ experience in senior technical, training and consulting roles across the financial services arena.
The Later Life Lending Network is the equity release proposition of The Right Mortgage and Protection Network.
This will help those who are relying on property wealth to fund their retirement.
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.