Category: Equity release
Answers in Retirement Group has launched its ‘Learning Hub’ for later life advisers at its Gloucester-based premises to provide advisers with both entry and advanced courses on all its Later Life Academy modules and workshops on its AIR Sourcing software.
OneFamily has increased the maximum loan amount for its fixed rate lifetime mortgages from £750,000 to £1m and reduced interest rates for both standard and lite lifetime mortgages.
Retired homeowners have gained £45.7bn in property wealth in the past year despite housing market worries, analysis from equity release adviser Key has found.
Product terms, interest-only mortgages and downsizing as a repayment vehicle were voted top requirements for brokers providing later life advice for their clients, Marsden Building Society has found.
The CII-accredited webinars have an on demand feature, giving advisers the opportunity to visit the webinar section on the more 2 life website and complete the necessary courses at a time to suit them.
The move is the first phase of Fluent Money’s investment in the market. The service is backed up by the launch of mobile and website apps, including the first mobile app in the equity release market to benefit end customers.
The decision to create an academy follows the appointment of Ryan Mansell, who joins from Age Partnership where he was academy manager.
HL Partnership, as well as its sister network Mortgage Support Network, permit advisers without an equity release qualification to offer the product.
Waugh was head of change for Barclays Financial Assistance, where he was responsible for transformation, remediation and improvement programmes across a variety of products including mortgages, loans and overdrafts.
Buckinghamshire already has products design for older borrowers, with in and into retirement products as well as a retirement interest-only (RIO) mortgage.