Related topic: Lifetime mortgage

Later life loans represent 7.8% of all residential loans and 20.6% of all buy-to-let loans. 

The Apex Zero product aims to help borrowers who believe their circumstances might change within the period that ERCs would usually apply.

All new OPLM customers will receive a tailored rate reduction of between 0.01% and 1.00%.

One in six lifetime mortgages are now taken out against homes worth more than £700,000.

Will Hale, CEO of Key Equity Release, says advice processes and philosophies have not evolved with product innovation in later life lending, nor adjusted to the new realities of...

The later life lending market demonstrated resilience amid lower transaction volumes in Q1.

The latest additions offer advisers a range of communication templates, including an introductory letter and email templates to connect with prospective introducers.

Borrowing among over-80s has more than halved since 2023.

The regulator is also planning to simplify later life advice rules.

The new data reveals ongoing differences in the usage of lifetime mortgages among age groups and genders.