Category: Equity release

Moran joins from Sainsbury’s Bank where he was head of database and analytics.

The Equity Release Council has signed up its first major property firm after Knight Frank Finance launched a UK later life finance team. The new…

This comes as equity release referrals have risen 285% in the past two years.

The ‘Setting the Foundations’ workshops are aimed at providing advisers with the knowledge and confidence to start advising clients on lifetime mortgages.

Bingham (pictured) has 30 years of financial services experience in intermediary distribution.

LV= is the second lifetime mortgage provider to join TMA’s equity release panel of late with more planned in the near future.

This compares to growth of 31% between H1 2017 and H1 2018 and an increase of 31% the year before.

More than two in five (44%) customers used the wealth stored in their homes to pay off residual mortgage debt.

The product offers customers a low rate of interest and a flexible partial capital repayment option.

Furthermore, Pure Retirement has reduced rates for each of the respective loan-to-value (LTV) tiers.