New equity release provider Stonehaven launches into the UK market today with a range of five different products.
The provider, which launched a pilot through six specialist equity release intermediary firms last week, has initially designed a range of products at homeowners aged over 55. It will be led by Jayne Almond, former managing director of Barclays/Woolwich mortgage business with a team including Georgina Smith, former brand director at Orange as sales and marketing director, John Pemberton, formerly of Prudential as chief finance officer; and Bob Avery formerly of Lloyds TSB. The initial Stonehaven range consists of: A lump-sum and lump-sum plus option; both products provide the customer ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes