Specialist
Warning FSA plans won't protect equity release customers
The FSA's consultation paper on the mortgage market review (MMR) does not go far enough to ensure consumers are provided with a full range of equity release options, the Society of Equity Release Advisers (SERA) says.
Almary Green predicts rise in demand for equity release
Demand for equity release products will surge in the coming years as the baby boom generation begins to retire, says Almary Green.
Equity release sales rise over a fifth
Equity release sales jumped 22% in the first half of 2010 to £454.99m compared to same period last year, according to Key Retirement Solutions (KRS).
Hodge Lifetime steps back from equity release lending
Hodge Lifetime has announced plans to reduce new equity release lending and restructure its business to concentrate on its pension annuity arm.
Stonehaven suspends equity release lending
Equity release provider Stonehaven has temporarily suspended all new lending.
Equitycare merge with Paying for Care at Home
Adviser Equitycare has merged with Better Retirement's domiciliary care brand - Paying for Care at Home.
Equity release industry defends over-the-phone advice
The equity release industry has spoken out against calls from the Society for Equity Release Advisers (SERA) to ban telephone-based equity release advice.
Buy-to-let landlords enjoy 7.6% return in 2009
Landlords saw a 7.6% annual return on their investments by the end of December 2009, according to the latest index from LSL Property Services.
Equity release customers take cautious approach
Homeowners considering equity release are spending longer investigating product choices before making a decision, according to research from the equity release solicitors' alliance (ERSA).
Private rented sector faces tougher 2010
Next year is likely to present an even greater challenge for the private rented sector (PRS) than seen in 2009, according to the Association of Residential Letting Agents (ARLA).
Anual returns rising in Buy-to-let market
Annual returns in the buy-to-let market are improving, according to the latest index from LSL Property Services.
Prudential withdraws from equity release
Prudential is to withdraw from the equity release sector in the first quarter of 2010 after deciding to deploy capital to other parts of its business.
Self-cert ban will not hamper self-employed - FSA
The FSA says it is not blocking self-employed and contract workers from getting a mortgage by banning self-cert products.
Advisers round on self-cert ban proposal
Advisers today branded proposals to effectively ban self-certification mortgages "inappropriate", saying they will leave the self-employed unable to access the mortgage market.
Islamic Finance conference set for Leeds
The first Islamic Finance conference in the North of England is being held in Leeds.
PPI report says housing wealth could play greater role in retirement
Housing wealth could play a greater role in supporting retirement in the future, the Pensions Policy Institute says.
BTL market branded a 'ticking time bomb'
The buy-to-let (BTL) market was today branded a "ticking time bomb" in a damning report highlighting the growing gap between the supply of and demand for BTL properties.
Ex-Credit Suisse banker guilty of $1bn sub-prime fraud
A former Credit Suisse banker has been found guilty of fraud after deceiving investors into buying risky investments that led to $1bn (£610m) of losses.
In Retirement Services in administration
Equity release specialists In Retirement Services has gone into administration.
SHIP demands Govt-led equity release debate
The equity release market must adapt products, advice and pricing to cater for a changing market, according to Safe Home Income Plans (SHIP), which has called for a Government-led debate on the issue.
Advisers concerned on equity release reputation
The negative reputation of equity release remains the top concern for advisers recommending the products, according to the Hodge Lifetime IFA Confidence Report.
SHIP reports 22% fall in business volumes
Safe Home Income Plans (SHIP) has reported a 22% year-on-year fall in business volumes despite a 5% increase in new customers in Q2 2009.
Parliament demands FSA action on arrears handling
The continuing debate on specialist lenders' arrears management intensified last week, after City Minister Lord Myners called for a crackdown on charges levied by lenders when borrowers fall into mortgage arrears.
Equity release IFAs urged to push online presence
IFAs specialising in equity release should ensure they establish and maintain an online presence, according to the latest research from the Equity Release Solicitors' Alliance (ERSA).
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