22nd February 2024 Countrywide Surveying Services joins the Equity Release Council CSS offers its full range of valuation, survey and panel management services to lending partners specialising in later life.
21st February 2024 72% of equity release used to repay mortgages and debts in 2023 However, the equity release market has ‘reasons to be cheerful’ in 2024, the report shows.
20th February 2024 more2life launches Flexi Payment Term lifetime mortgage The product bridges the gap between full interest serving mortgages and full roll-up lifetime mortgages.
20th February 2024 Royal London joins the Equity Release Council Royal London’s confirmation as a Council member follows its acquisition of Responsible Group.
20th February 2024 LiveMore launches new 100% debt consolidation product 100% debt consolidation is now available on mortgages of up to £1m.
19th February 2024 Later life lending falls 37% in Q4: UK Finance Lifetime mortgage advances fell by 40% in 2023.
19th February 2024 One in 13 divorcees using equity release to stay in their home Many will buy their partner out using savings, but some are turning to lifetime mortgages to stay in their homes.
16th February 2024 64% of over-55s would struggle to afford their mortgage lender's SVR 60% believe there is a lack of choice and mortgage products tailored to them.
15th February 2024 more2life introduces automatic redemptions and new service promise more2life has committed to a 48-hour turnaround as part of the new service.
15th February 2024 Equity Release Council updates standards to provide additional... The new rules extend protection to mandatory payment lifetime mortgages and all advice conversations must now cover income and expenditure.