Legal & General (L&G) is to buy equity release provider New Life Home Finance (Newlife) for £5m.
Newlife, founded in 2003, manufactures and provides lifetime mortgages which allow homeowners to raise cash against the security of their property. L&G said it would become the sole funder of new lifetime...
£3.4bn released last year
And mortgage lending
To communicate equity release's wider opportunities and benefits, writes Chris Flowers, providers and advisers need to think about how best to engage not only its usual target audience but also their families
£936m of housing wealth unlocked
The Pro Adviser Podcast
Following Bailey's BoE role