Related topic: Later Life

Total lending rose to £597m in Q2, up 4% on the previous quarter, with new customer numbers up by 9%, returning to 2025 levels.

39% of advisers say they begin engagement when the client is past 50.

This is despite 58% considering moving to a smaller property in the future and 42% wanting more appropriate specialist facilities to enable moving.

John brings more than four decades of experience gained from senior leadership across financial services, government and public policy.

Refreshed later life lending criteria designed to give brokers greater certainty and flexibility when supporting customers at every stage of homeownership.

Bell was first appointed to the role in January 2025 as part of a Cabinet reshuffle.

TMG Financial Services has been designed to sit alongside the wider TMG Mortgage Network.

When asked about financial advice, just 11% of respondents said they had taken guidance from a financial adviser. 

Home adaptations and improvements still remain the top reason for releasing equity.

The state pension age could rise to 68 from 2037 to 2039 under government plans.