In today’s equity release market, the option for your clients to make ad-hoc or regular repayments is one which may help them save thousands in equity over the lifetime of their borrowing.
An increasing number of parents are supporting their adult children, whether able to afford it or not, as the cost-of-living crisis piles pressure on the Bank of Mum and Dad.
This short guide illustrates why the product category remains an attractive option for many and provides the information you need to confidently discuss equity release as a suitable financial solution for your clients in today’s economic landscape.
In this issue we would like you to share your thoughts on the impact of the new FCA Consumer Duty Policy Statement (PS 22/9) and how it effects borrowers and advisers in this area of the market.
With one in four (26%) equity release customers being single women, we have sought to better understand the ‘gender divide’ using data from over 500 people who have either taken out equity release or considered equity release.
Standard Life Home Finance is delighted to announce a strategic partnership with St. James’s Place, increasing nationwide adviser access to its later life lending products.
There is no one-size-fits-all catalyst for consumers using equity release. The set of circumstances and factors that might lead an individual to unlocking equity from their home will vary from person to person.
Standard Life Home Finance becomes newest member of the Mortgage Advice Bureau (MAB) Later Life Lending panel. The partnership will enable advisers to access Standard Life Home Finance products through the MAB network, creating greater choice for their clients
Standard Life Home Finance, has announced the launch of a new partnership with Sesame Bankhall Group where Standard Life Home Finance products will be available to PMS members via Later Life Lending Solutions (in partnership with Key Group)
Standard Life Home Finance, has announced the launch of a new partnership with PRIMIS Mortgage Network, which will see the later life lender sit on PRIMIS’ equity release panel.
Retirement Aspirations, Careful Financial Planning and a Desire to help Family Drives appetite for Equity Release
32% of customers want more from life as they get older and 28% are focused on financial planning. Downsizing, personal loans, working longer and savings all considered in the mix.
Standard Life Home Finance was delighted to welcome David Burrowes (Chairman of the Equity Release Council) to the opening of their new offices in Fulwood, Preston on 31 March 2022.
Standard Life Home Finance today announces that it has joined the Equity Release Council following the recent launch of its range of innovative lifetime mortgage products.
Standard Life, part of Phoenix Group, today announces it has entered into a strategic agreement with Key Group, who will launch a range of Lifetime Mortgage products branded Standard Life Home Finance.