- Published on: 04/10/2019
- Full Description
An increasing number of people aged 65 and over are using equity release products to pay off debts and mortgages, according to new customer data published by LV=.
New figures from the insurer revealed that 27% of its customers used equity release to clear their mortgage, loans or debts in 2019 – compared to 15% in 2016
Three-quarters of UK workers are blaming early paydays in December for their lack of funds at the end of the month, according to new research from the income streaming service, Wagestream
Retired homeowners released more than £3.4bn of property wealth in 2019, according to new data published by the over-55s specialist adviser, Key
An increasing number of people aged 65 and over are using equity release products to pay off debts and mortgages, according to new customer data published by LV=. New figures from the insurer revealed that 27% of its customers used equity release to clear their mortgage, loans or debts in 2019 – compared to 15% in 2016
Taxpayers who fail to file their tax returns by the end of the month will be subject to a fixed penalty, and it could worsen depending on how long people wait to file and pay what they owe, leading accounting and tax advisory firm Blick Rothenberg has said
The provisional seasonally adjusted count of residential property transactions in October 2019 increased by 4.3% from the previous month, which was also 4.3% higher than in October 2018, according to HMRC’s latest UK Property Transaction Statistics
The Bank of England (BoE), the Financial Conduct Authority (FCA) and the Working Group on Sterling Risk-Free Reference Rates (RFRWG) have each published a set of documents to outline the priorities and milestones for 2020 on LIBOR transition
Over £30bn has been flexibly withdrawn from retirement pots since the pension freedoms launched in April 2015, and in the same time homeowners have used property wealth to deliver £13bn in extra income via equity release, according to new analysis from AJ Bell
Since 2012, when the Equality Act came into force, it has been against the law in the UK for businesses to discriminate against people in the provision of goods and services on the basis of age. Which is as much to say, in most circumstances, companies cannot refuse to provide a certain service to someone because they are elderly, or charge them more because of their advanced years.
An innovative approach to financial planning. In our view, clients don’t really want financial products or investments. They never have and never will. What clients really want is the peace of mind and security of knowing where they are heading financially.
Electric cars were on sale a decade ago but who was interested? Few were prepared to overlook high buying costs and poor range for the pleasure of driving a choice of two mainstream models – the modest Mitsubishi i-MiEV hatchback or the tiny Smart Fortwo electric drive
As domestic holiday bookings and inbound tourism go from strength to strength, the holiday buy to let market continues to grow at a pace. Dan Atkinson, Head of Sales and Marketing, the Melton Building Society answers some of the questions most frequently asked by brokers
Vida Homeloans is the award-winning specialist mortgage lender for residential and buy to let customers who may not fit the criteria currently demanded by high street lenders. View this video now on how Vida help those in their personal circumstances or their investment strategies.
Adam Cadle talks to Vida Homeloans director of sales - mortgages Louisa Sedgwick about the specialist first time buyer and buy to let markets