Later life product availability and lending criteria show signs of recovery, the Council's report shows.
Related topic: Equity release
Rob Oliver, director of distribution at Dudley Building Society, expects to see more older borrowers turn to capital raising or downsizing - allowing their family to benefit from their...
Homeowners could release an average of £69,600 worth of equity release from their homes using equity release – a 20% increase on five years ago.
Paul Glynn, CEO of Air, explores why waiting for lower later life mortgage rates could be counterproductive, and how providers are seeking to mitigate higher rates by introducing more...
The directory has been improved to allow Council members to showcase the full range of services they offer.
The addition of Knights means the Council now has 769 member firms and 1831 registered individuals.
LiveMore has simplified the minimum equity reductions and grouped them into four regions.
The product offers interest rate discounts to clients who choose to make regular payments.
The average house price value among new lifetime mortgage customers has risen nearly five times as fast as the national average.
The Council now has 762 member firms and 1,848 registered individuals.
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