more 2 life adds drawdown option to its Capital Choice Plan; and more...

Written by Oliver Wade

The UK’s third largest equity release lender, more 2 life, has today announced that it is adding a drawdown facility to its Capital Choice Plan, allowing customers to withdraw a minimum amount of £2,000 and a maximum drawdown amount of double the initial loan amount.

The new feature is available for all homeowners aged 55 and over.

GRIPs celebrate strong six-year track record

Royal London’s Governed Retirement Income Portfolios (GRIPs) are celebrating six years of strong performance with all five portfolios demonstrating a track record of delivering above benchmark returns.

The resilience of GRIPs can be shown in that someone who invested £100,000 in GRIP 3 in 2012 and withdrew £4,000 every year would have a balance of £125,354 today.

    Share Story:


Specialist FTB and BTL markets
Adam Cadle talks to Vida Homeloans director of sales - mortgages Louisa Sedgwick about the specialist first time buyer and buy to let markets


Subscribe to our newsletter to receive breaking news by email.

MoneyAge welcome
MoneyAge Editor Adam Cadle discusses the brand and what is on offer

World Markets (15 minute+ time delay)