Along with the rebrand comes rate reductions, improved fee options and enhanced criteria.
Related topic: Later Life
Payments could range from a few pounds to over £100,000.
The Council hopes that the guidance will help move the conversation on green home finance forward.
The Winter Fuel Payment – worth up to £300 - is now set to be means-tested and delivered to those on Pension Credit.
Jess Rushton, head of business development at Smart Money People, says the later life sector's continuous improvements in speed, effective communication, and robust online systems...
The greatest rate cuts apply to longer term fixed rate mortgages.
The new errors affect people claiming the new state pension who were already widowed when they retired.
The new framework aims to shift the focus from costs to long term value.
Of the £83 billion taken in flexible payments since inception in 2015, 65% has been taken by those aged under 65.
The number of over 50s looking for mortgages with a 16-20-year term increased by 136% between Q1 2023 and Q1 2024.