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Exclusive: LiveMore and More2Life latest later life firms right-sizing for downturn

Exclusive: LiveMore and More2Life latest later life firms right-sizing for downturn
mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.

Bank of England raises base rate by 0 5%: reaction from industry experts

Cover feature: Release mechanism: Later-life lending ramps up – Mortgage Strategy

The later-life lending market has experienced phenomenal growth in recent times, due in part to greater life expectancy and rising house prices but also to soaring inflation. Once the reserve of specialist advisers, the sector is starting to steer towards the mainstream market and is increasingly on brokers’ radar.

Equity release borrowing DOUBLES in five years: Older homeowners drew £6 2bn from properties in 2022

Older homeowners borrowed £6.2billion against the value of their properties through equity release last year, up 29% from 2021.

Equity release borrowing DOUBLES in five years: Older homeowners drew £6 2bn from properties in 2022

Equity release borrowing DOUBLES in five years: Older homeowners drew £6 2bn from properties in 2022
thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.

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