Page 30 - Equity Release News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Age Space – the online resource and guide for those with concerns about, or caring for an ageing parent or relative, neighbour or friend – has formed a referral partnership with equity release specialist adviser Laterliving Now. Annabel James, director of Age Space, said: “Finances are a big concern for many of our site visitors, who often want to know where they can turn for trusted advice, with Equity Release just one of the areas we signpost our visitors to. “Laterliving Now impressed us with their professionalism and sensitive manner in dealing with the needs of older people, givi...

| UPDATED: 14:26, Tue, Feb 23, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Pension saving is considered to be important for retirement, but for those who are getting closer to leaving the workforce, or individuals who have alread...

The number of products available has also risen in the past year, from 74 in February 2020 to 109 today. Eleanor Williams, financial expert at Moneyfacts, says: 'These positive shifts in both the number of lenders and Rio deals are great news for older borrowers.'   Why are these products becoming more popular, and when should you consider getting one? How does a Rio mortgage work? Rios are similar to normal interest-only mortgages, in that you agree only to pay off the interest each month for the term of the mortgage, and then pay the rest of what you owe when that period comes to an end.

The average rate of a lifetime mortgage has reached a record low, whilst the number of available options is at an all-time high. The typical rate across lifetime mortgages has dropped below 4 per cent for the first time according to Moneyfacts, with the average rate now at 3.95 per cent - down from 4.49 per cent this time last year. Meanwhile, those currently comparing deals will find that the number of products available has expanded to an all-time high of 488, up from 405 in February 2020. The average rate across all lifetime mortgages is 3.95 per cent according to Moneyfacts 'The equity re...

Kevin Duffy The lockdown has seen many of us burn through eight series of Game Of Thrones within which a North-South narrative is often bluntly clear. With one series to go for me I’m getting the vibe that the armies of the North are far more motivated and efficient than those down at Casterley Rock where regulators have long rested, but who have perhaps, shall we say, been complacent and supine in their governance. The juxtaposition here put me in mind of our own sector’s North-South disconnect in terms of regional competencies and leadership behaviours. If Westminster (or perhaps even ...