Later life product availability and lending criteria show signs of recovery, the Council's report shows.
Related topic: Later Life
92% of clients were advised to transfer out of their defined benefit pension schemes, resulting in over £126m of funds being transferred.
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...
Applicants will be able to raise funds for a combination of purposes including debt consolidation, family gifting, and a deposit on a second home/buy-to-let property.
The regulator says millions of people could get more support with their pensions under new proposals.
Rates have reduced by up to 0.30%.
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.
The latest Mortgage Lender Benchmark recorded the second highest satisfaction rating ever by brokers across all lending sectors.
New figures show that mortgage lending past pension age is now an "entrenched feature of the mortgage market".
Sebastian Murphy, group director at mortgage and protection network JLM Mortgage Services, says those who want to see their sector improve in terms of activity and engagement should be...
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