Three in five UK homeowners look to property wealth to prop up retirement dream ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.
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
Later life lending stands at a crossroads as 28% of advisers seek products which bridge mainstream and later life needs – Air ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.