Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This month's update includes: more2life issue their 'Borrowing in Later Life report' 2021 Pure introduce their new Emerald range Just help [...]
Equity release specialists, Pure Retirement, have announced the launch of a new suite of lifetime mortgage products aimed at borrowers aged from 55-95 and with flexible repayment options and enhanced LTVs. Under the new Emerald range, customers will have the option to repay up to 12% of the initial amount borrowed annually, without incurring [...]
We've issues our latest 'Borrowing in Later Life' Report containing some interesting findings, such as: Total debt of people aged 55 and over is set to rise from £226 billion in 2020 to £236bn in 2021 33% of people expect to accrue debt over the next year in order to make ends meet The [...]
Six in 10 people could borrow more, or get a better interest rate to reduce their borrowing costs with the Just For You Lifetime Mortgage medical underwriting option. We’ve added medical underwriting across our Just For You Lifetime Mortgage range so it’s easier for you to deliver solutions unique to every client. Learn more [...]
We’ve added medical underwriting across our Just For You Lifetime Mortgage range to help you respond to the FCA’s challenge for improved personalisation. And six in 10 people could borrow more, or reduce their borrowing costs. Learn more here >>
Nearly 74% of homeowners in their thirties are open to accessing money from the value of their property in later life. Over recent years, we have seen that shift in attitudes and changing market forces are reforming our approach to financial security and later life lending. We worked together with the Equity Release Council [...]
We are offering free valuations on all new business applications, regardless of property value. (NB We won’t charge for the initial valuation, but any re-valuations or additional borrowing valuations will be charged at the rates applicable at the time) We’re also decreasing rates on: Lifetime Mortgage Drawdown+ Lifetime Mortgage Lump Sum+ Please see more [...]
Come and meet your Pure Business Development Manager at this year's Financial Reporter Roadshows The Financial Reporter Later Life Lending Roadshow - Northampton 29th September Join Central BDM, Anna, in Northampton for the FR later life lending roadshow Book your place here The Financial Reporter Later Life Lending Roadshow - Barnsley 30th September Join [...]
From Monday 20th September 2021 we are expanding the Just For You Lifetime Mortgage to include a medically underwritten option on the J1-4 LTV series. This brand new option allows intermediaries to offer a lifetime mortgage solution that is personalised to their clients using their health and lifestyle conditions. With the Just For You [...]
Digital marketing continues to increase in importance when looking to engage with your customer base. Here at Pure, we have listened to your feedback and introduced a new range of digital resources to our adviser toolkit to help you reach your customers. Brand New Social Media Adverts We are now offering the option of [...]
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