Category: Equity release
As a result of the pandemic 1.8 million over-55s are considering downsizing, according to Audley Villages.
Equity Release Associates (ERA) has added two more induction programmes in the first quarter of 2021.
Pure Retirement and Phoebus Software Limited have signed an updated contract together.
Key Partnerships has appointed Thomas Lowcock as sales operations manager.
More than half (58%) of introducers expect the market to grow, with an estimated 8% anticipating substantial growth.
Established in 2008, SOLLA is a not-for-profit organisation that aims to help older people and their families access trusted later life financial advice.
Total property wealth owned by over-65s who have paid off mortgages is valued at £1.224trn and has increased by £46.135bn in the past year.
Total property wealth owned by over-65s who have paid off mortgages is valued at £1.224trn.
In contrast, single men planned to gift just 13% of the property wealth they released.
more2life has launched Capital Choice Ultra Lite, a lifetime mortgage for those with high-value property.