Divorce can be a costly exercise, especially if a couple have multiple financial assets to consider as they approach retirement. It’s often women who feel the financial burden from a later life divorce. Mind the gap  Research from 1984 showed that almost half (49%) of the UK population thought that a woman’s ‘place’ was to […]

With only 9% of UK adults having paid for financial advice in the last two years, what does this mean for the future of the equity release industry? The equity release industry faces a paradox: while the broader financial advice market struggles with uptake, equity release remains an advised product, meaning customers must receive regulated, […]

As a mortgage broker, your role goes beyond securing the best mortgage deals for your clients. You also act as a financial guide, helping your clients navigate the complex world of homeownership and making sure they’re aware of options that could enhance their financial wellbeing. One of the increasingly popular financial solutions for older homeowners […]

Equity Release has become an increasingly popular way for clients to release equity from their property, although, as we know, it is not without its risks.  However, we believe equity release is an effective and efficient way of enabling clients to enjoy their retirement or consolidate debts by releasing monies from their home At Gilroy […]

Mortgage brokers are often the first point of contact for homeowners seeking advice on their financial needs. As trusted advisers, it is their responsibility to ensure that clients receive the most suitable solutions tailored to their individual circumstances. In an increasingly complex financial landscape, mortgage brokers must consider a broad range of options for their […]

As we enter the last few days of the year, it’s safe to say that 2024 has been a year of challenges for the later life lending sector and while the outlook has brightened significantly over the second half of the year, it has felt more like the first rays of light appearing between the […]

As an equity release lender, we observe unique trends around Christmas time that shed light on why people choose to unlock the value in their homes during this period. By analysing applicant demographics from December 2023, we can gain valuable insights into the type of homeowner who decides to take equity release, their reasons for […]

At Gilroy Steel Solicitors, our client-centric approach ensures that each individual receives a professional, approachable, and efficient service as they navigate their equity release journey. We work closely with advisers like you to ensure that your clients’ legal requirements are handled seamlessly, providing peace of mind and transparency throughout the process. Here, we outline the […]

When clients are looking to release equity from their homes, the process is often perceived as straightforward—after all, it’s their own property, purchased or inherited, and they are simply using the UK legal and conveyancing system to access the funds. However, in practice, the equity release process can be more complex, with potential issues arising […]

At Canada Life UK, we’re building stronger, more secure and inclusive futures for our retirement, investment and protection customers. We hope to play an active role in supporting families throughout their working years and into retirement, helping them make the most of life. We want people to feel more in control, optimistic and prepared to […]