Category: Equity release
The guide, entitled ‘Your guide to getting the care you need’, provides practical advice on the variety of care options available to clients.
Hood’s previous roles also include customer director at wealth manager Old Mutual Wealth and managing director of financial services at The Telegraph.
Equity release lender more2life has reintroduced physical alongside remote valuations as government restrictions start to lift.
Where physical valuations take on average two days to turn around, a quick remote valuation meant this entire application was processed in less than a day.
Physical inspections can be carried in properties where the residents are not self-isolating or showing symptoms, where social distancing guidance can be followed or where the customer is happy to wait outside while the surveyor inspects the interior.
Some 77% of brokers believe lending will recover to pre COVID-19 levels within nine months.
The reduction comes just a month after it lowered its rate to 2.78% AER (2.75% MER).
Neary started at Key Group eight years ago as a web developer, and has since transitioned through various management and senior roles.
LGHF has launched an online equity release study portal, which features content delivered by a CII-accredited tutor – the free-to-access service would usually costs £200.
Free2’s first product, which has been in testing and development for two years, will offer an alternative option for individuals seeking later life lending products.