Legal & General Home Finance offers a unique product called the Payment Term Lifetime Mortgage (PTLM), which is tailored for homeowners aged 50 and above. This innovative equity release solution enables individuals to access the wealth tied up in their property while keeping interest payments manageable and structured. While a PTLM is a type of […]

As we age, many of us will find that maintaining our independence requires a little extra support at home. Financial solutions like lifetime mortgages can help enable those that require care and assistance to continue to enjoy their retirement from the comfort of their own home. Our LV= Wealth and Wellbeing research revealed that almost […]

The precarious state of potential future homeownership for many has been highlighted by several key statistics in recent weeks, including research from Pepper Money. The figures, obtained through surveying 4,000 adults nationally, found that 36% of respondents felt that they’d never be able to own a home due to the cost-of-living crisis. In contrast, a […]

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 […]

The later life lending market is undergoing a significant transformation, driven by demographic changes, regulatory developments, and technological advancements. For equity release introducers; mortgage brokers, wealth managers, and financial advisers, staying informed about these shifts is crucial to providing clients with the best possible support. Understanding the evolving market

Women face a stark pension gap, but a good broker can work with them to close it, says Chris Molyneux, Business Development – Lifetime Mortgages at Scottish Widows Bank. It’s no secret that women are more poorly prepared for retirement than men. They have both smaller pension pots and a longer life expectancy than men, […]

The UK has experienced a shifting economic landscape in recent years. High interest rates and inflation are reshaping our financial reality, alongside an ageing population which is redefining how people live in later life. But within these challenges lies opportunity – as property wealth outpaces pension savings, equity release is emerging as a powerful tool […]