Bristol & West delays launch into lifetime market

clock

Bristol & West has delayed its launch into the lifetime mortgage market until 18 May.

The lender had intended to launch into the market next week but says it has chosen to put the launch back due to "movements in money market rates", leading it to re-price its' lifetime mortgage. The launch will now take place on Wednesday 18 May at the Regency Room, Simpsons in the Strand at 9.15am. Dominic Toller, head of marketing at Bristol & West says the delay in the launch has been caused by activity in the swap and libor markets. "Bristol & West has been working on its lifeimte product for a long time and it was essential we enter the market with a competitive product and du...

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

Join

 

Already a Professional Adviser member?

Login

More on Mortgages

Client conundrum: Mortgage overpayments versus investments

Client conundrum: Mortgage overpayments versus investments

1.4 million people will see mortgage deals end this year

Laura Suter
clock 22 February 2023 • 3 min read

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read