Equity release market hits £5.6bn, despite mini-Budget knock  

By: ameer@trustedteam.com

The equity release market lifted 27% to hit a record £5.58bn of new lending last year, although loans in the final quarter of the year were knocked by the...

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One in six over-50s explore equity release due to cost-of-living crisis   

By: ameer@trustedteam.com

One in six of the UK’s over-50s say they will need to either sell or release equity from their homes due to the cost-of-living crisis, according to data from...

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finova Payment and Mortgage Services partners with Loans Warehouse

By: ameer@trustedteam.com

finova Payment and Mortgage Services has partnered with Loans Warehouse. Through the partnership, finova’s directly authorised (DA) intermediary network will have access to second charge mortgages, bridging and development finance...

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Monthly mortgage payments could fall by 25% by end of 2023: Quilter

By: ameer@trustedteam.com

Monthly mortgage payments could fall by around 25% by the end of the year, new research from Quilter shows. The latest government house price index data shows that in November...

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One in six over-50s seek equity release as living costs rise

By: ameer@trustedteam.com

The survey from the later life lender’s Barometer survey of 50- to 90-year-olds adds that nearly half of this group expect to be impacted “a lot” this year by...

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Alternative Bridging Corporation promotes Paul Gavin

By: ameer@trustedteam.com

Specialist lender Alternative Bridging Corporation has promoted Paul Gavin to the role of head of sales, northern division. Gavin joined the lender in January 2022 as a business development manager...

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Alternative Bridging promotes Gavin to head of sales for the North

By: ameer@trustedteam.com

Gavin joined the lender in January 2022 as a business development manager (BDM) for the north and has more than 16 years of residential and commercial property finance experience....

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Envelop appoints Bailey as BDM for the North

By: ameer@trustedteam.com

Envelop has appointed Ashley Bailey as a business development manager (BDM) for North of England. Bailey has worked in financial services for more than seven years. She joins Envelop after spending...

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Quilter predicts monthly mortgage payments could fall by 25%

By: ameer@trustedteam.com

The latest government house price index data shows that in November last year, the average UK property cost £294,910. During the same period, mortgage rates peaked at around 6% in...

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Equity release market jumps to £5.6bn in 2002, despite mini-Budget hit  

By: ameer@trustedteam.com

Plan sales grew by 25% to 52,295 compared with the previous year, according to the later life lender’s full-year Market Monitor.   The report says product sales were hit by...

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