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:
- Canada Life enhance later life lending products;
- Chorley are working with the network to support older borrowers;
- LV= want to give you the confidence you need when selecting the right provider for your clients.
Canada Life: Enhances later life lending products
Canada Life has announced that it’s lowering the interest rate and increasing the maximum loan-to-value (LTV) for its buy-to-let and second home products. The annualised interest rates for Canada Life’s buy-to-let Lifestyle and buy-to-let [...]
AIG: Helping your clients leave a gift for their families
Over fifties insurance has become more popular in recent years as funeral costs are continuing to rise1 and people don’t want their families to have to take on the financial burden. They may also be thinking about [...]
Chorley Building Society: Working with The Right Mortgage Network to support older borrowers
Chorley Building Society understands that lifestyles have changed long with the financial needs of borrowers. The Society recognises that the older borrower market continues to grow year on year, and in order to meet [...]
LV=: Giving you the confidence you need when selecting the right provider for their clients
With the growing popularity of Equity Release and the constant market changes, more and more advisers see lifetime mortgages as part of a holistic financial planning process to help their clients in later life. [...]
Just: Funds needed to repay interest only mortgage
Tom and Anna are 75 and 71 respectively and live in Leeds. They currently have an interest only mortgage and the term is about to expire. They’re not keen on downsizing or moving out [...]
Later life planning Update – August 2019
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: Canada [...]
Hodge Lifetime: New 10 year fixed rio
We’ve introduced a 10 year fixed rate option for our Retirement Interest Only Mortgage (RIO). We were the first to bring a RIO to market in June 2018 and we keep listening to our [...]
Family Building Society: The specialists in later life lending
Family Building Society are experts on later life lending and won’t turn away older clients just because of their age. We pride ourselves on being different and have been helping older clients for years. [...]
