Equity Release News Today

In retaliation for the barrage of missiles launched by tehran two days ago. On tuesday, iran fired 180 missiles across large parts of israel. It came in response to the israeli military s Ground Invasion of southern lebanon. The conflict has continued to escalate overnight. Lebanons Health Ministry says five people have been killed in a strike on a medicalfacility in beirut. The Israeil Military confirmed it had carried out a Precision Attack on a building said to be affiliated with the iran bac...

The Equity Release Council (ERC) has launched a Legal Guide to Equity Release as well as a new report, Vulnerability Vigilance, exploring the most common customer vulnerabilities which legal advisers can encounter. The study took an in-depth look at a sample of more than 300 cases from last year where the customer

The Equity Release Council (ERC) has released a legal guide to equity release and a report, Vulnerability Vigilance.

There were 4,698 new customers in the first three months of this year, which is 11% lower than the last quarter of 2023.

Later life lending fell 6% to £504m in the first three months of the year compared to the final quarter of 2023, “as the nation waits to see what happens next with interest rates and the health of the economy,” says the Equity Release Council.   The trade body adds that the sector attracted 4,698 new customers

Standard Life Home Finance is offering a new payment option on its ‘interest reward’ product, designed to widen the appeal of these equity release products.  Its Horizon Interest Reward product, launched in January, will now offer a 25% interest served option. This give customers who commit to paying 25% of the

The Equity Release Group has rolled out software for lenders that tracks customer activity before funders become involved in later life cases.   The data set allows lenders to gain access to a management information suite that details customer activity prior to lender's usual involvement in direct-to-customer, or

Many are emotionally attached to their homes because of the memories they have made and lives built. If they needed cash for retirement, they would probably be receptive to a way of staying while accessing its capital value to help fund their retirement. This can be achieved through equity release.

Simplifying the tax rules on gifting in March’s Spring Budget would help boost the housing market and ease the first-time buyer crisis. This is according to equity release adviser Key Later Life Finance. The adviser points to the fact that the number of first-time buyers last year slumped to an estimated 290,000 -

Countrywide Surveying Services has become an associate member of the Equity Release Council. Countrywide Surveying Services provides a range of valuation, survey and panel management services, for both the standard and later life lending market. The Equity Release Council represents lenders, advisers and other