The growing equity release market can offer a solution to older interest-only customers who think they have no repayment options. Dave Miller, client account manager at Spicerhaart Corporate Sales, explains
Adam Carnall, head of partnerships at Age Partnership, discusses the opportunity that retirement interest-only mortgages will bring to the equity release market
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.
Answers in Retirement Group (AIR Group), a group of three companies covering a range of retirement and later life services, has announced that Key Retirement Group (KR Group) has acquired a stake in the business.
Key Retirement has been chosen by Secure Trust Bank’s mortgage division to provide later life lending support to its customers.
For the first time Age Partnership has entered into sports sponsorship and has also rebranded as ‘over 50s money experts’.
SunLife is entering the equity release market with a referral service backed by a multi-million pound advertising campaign featuring Carol Vorderman.
The equity release market maintained a strong start to 2018, as February saw individual homeowners release on average almost £83,000 from their properties.
Equity release specialist Age Partnership has joined the criteria search system Knowledge Bank.
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