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Releasing equity

Releasing equity

A two-speed equity release market emerged in Q2 2019 as sales of new drawdown mortgages grew while take-up of new lump sum mortgages mirrored Q1 2018 volumes. That’s the summary drawn from the latest quarterly market figures from the Equity Release Council. The UK...
Flying blind

Flying blind

Millions of mid-life UK employees are sleep walking into retirement, according to new research from Aviva UK. The study, which looked into mid-life employees’ financial preparedness for later life, revealed 64% of employees aged 45 and over – the equivalent to nearly...
The gift that keeps giving

The gift that keeps giving

Thousands of over-55s are generously gifting money as part of the Bank of Mum and Dad (BoMaD), using savings and even pensions to help their family onto the housing ladder, research from Legal & General and Cebr has revealed. However, the new data also shows that...
Loans for today’s living

Loans for today’s living

Figures from Canada Life Home Finance reveal that 1 in 5 equity release customers take out loans to bolster their day-to-day retirement finances. The findings underscore the growing use of the loans to fulfill retirement plans, especially as a third of people surveyed...