Richard Sexton: “The ‘keep calm and carry on’ attitude seems to be prevailing once again.”
Metro bank announced quarterly growth in the bank’s lending earlier this year of more than £500 million.
L&G figures suggest property is increasingly important to homeowners, say the Equity Release Council.
The Premier Flexible Lifetime Mortgage is the first sub-4.5% fixed rate roll-up lifetime mortgage product in the market.
Legal & General and Santander have agreed a five year deal which will see L&G offer lifetime mortgages to Santander customers.
Legal & General has signed the ‘Women in Finance Charter’ which aims to improve gender diversity and increase the number of women in senior leadership positions across the financial services sector.
It is perhaps not surprising that more mainstream operators have been eyeing the sector up, and now seem to be making their moves.
With Aviva and Legal & General getting involved in the market and Nationwide announcing plans to follow Age Partnership reckoned the market is playing into the hands of customers.
Workshops will take place in Dunblane, Wakefield, Coventry, Guildford, Watford, Central London, Exeter and Belfast.
Legal & General has called for tax-based incentives to help older borrowers downsize in next week’s Budget.