Later life planning Update – October 2020
Welcome to this month's lending into retirement Update. Please take the time to read through the update as there may be some information that is important to you. Included in this month's update:
Pure Retirement: Take a Look at Our New Product Website Changes
At Pure we're committed as always to delivering a first-class service. We've listened to your feedback and made some important changes to our product website: We've made our product information more easily accessible; All product documents are quickly downloadable as a pdf; We've introduced a new lending "Criteria Search" facility with key search drop-down [...]
Just: Enhanced loan to value case study
Enhanced loan to value allows Charlie to release an extra £9,900 Charlie Woods’ story Charlie is 65, single and lives in a 2-bedroom flat in Kent valued at £300,000. A smoker most of his life, he suffered a heart attack three years ago and has had a heart by-pass. He’s currently on medication for [...]
More 2 Life: giving you a licence to thrill your clients
2020 has been a complex year so far, bringing unprecedented challenges and changes to our industry, and as such we’ve all had to adapt significantly. Advisers in particular have had a tricky tightrope to walk, having to work out how best to deliver advice in a socially distant world as well as navigating through a [...]
Family Building Society: Don’t let age get in their way
Do you have older clients who haven’t had any joy with the big high street lenders who can't see past their age? FBS don’t do that. They will lend up to age 95 at the end of the term for Owner Occupier repayment mortgages and will accept an application from an 89 year old for Owner Occupier [...]
The Right Loan: Could a bridging loan be the answer?
If you are struggling to place equity release with your client, then a bridging loan could be your answer. Benefits of a bridging loan 30% of ER falls through due to condition of the property Use a bridging loan as a stepping stone to help their clients to raise cash to complete the home [...]
Canada Life: Enhances Capital Select range
Canada Life has recently announced a number of product changes, including enhancements to all its Capital Select Options for home finance customers. The changes by Canada Life offer customers greater flexibility across the entire Capital Select range. Interest rates for its Super Lite and Platinum options have been reduced by 10bps, whilst the LTVs [...]
Weekly Mortgage Update – 09th October 2020
Welcome to this week's Mortgage Update. Please take the time to read through the update as there may be some information that is important to you. Included in this week's update: NatWest make rate changes to products for new and existing customers; Hanley Economic announce brand new products; Vida Homeloans announce rate changes; Coventry [...]
Canada Life: We’ve enhanced some of our products
We're pleased to announce that we've enhanced a number of our products. With effect from 10am this morning - Tuesday, 6th October, we've made the following changes:We've reduced the interest rates on:Capital Select:Super Lite, Super Lite (Flexible), Lite (Flexible), Gold (Flexible), Gold Plus (Flexible), Platinum, Platinum (Flexible) and Platinum Plus (Flexible) OptionsLifestyle:Lite, Lite (Flexible), Gold, [...]
NatWest: Make rate changes to products for new and existing customers
Effective from the 8th October, NatWest will be making rate changes across our new and existing customer ranges. For our new business products they have made rate increases of up to 15bps on purchase deals and 20 bps on remortgage deals respectively. In regards to our existing customer range, they have made rate increases [...]
