I’d like to take this opportunity to introduce you to our new Business Relationship Manager – Jade Smith. Jade, who joined us back in March, brings with her over a decade’s experience within the banking sector. She is adept at building relationships with high net worth clients and dealing with complex mortgage transactions. Therefore […]
Harnessing your property wealth to achieve retirement dreams has become a popular option, thanks to a specialist mortgage product known as a lifetime mortgage.
Equity release is flourishing, driven by growing numbers of people who recognise the critical role property wealth can play alongside other savings in funding retirement.
Equity release is often used as a way for people to pay for long-term care costs, enabling people to stay in their own homes whilst receiving the home care they need.
One in four equity release customers are using their property wealth to help family members by gifting some or all of the equity they draw down
Equity release lending is expected to increase from £3bn now to £8bn by 2021.
Join us for a night of fun at our black tie casino evening on 19 October 2018. The Cheltenham based event is in aid of our charity, Maggie’s. Maggie’s centres offer free practical, emotional and social support to people with cancer as well as their families and friends. Come and support this excellent cause while […]
New research from Retirement Advantage has revealed that over a quarter of customers who took out an equity release plan in 2017 did so to clear an existing mortgage.
With the equity release market going from strength to strength, Dave Harris, CEO at more 2 Life, explains how it is benefiting from both long-term and short-term trends. 2017 is going to be a tough year to follow for the equity release market. In 2016, lending within the sector increased by a third and broke the £2 billion mark for the first time. And in 2017, equity release exceeded £3 billion.
The amount of equity that homeowners released from their properties hit a record high in 2017. More than £3 billion was borrowed using equity release plans over 2017, the highest figure for a single year since records began and up from £2.15 billion in 2016, according to the Equity Release Council, the industry trade body.