Melanie Bien asks if banks' recent results are supported by underlying lending figures?
The whole of Savills Lending Solutions' workforce has been placed into consultation.
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.
Saffron Building Society has decided to suspend new lending on equity release after reaching a satisfactory level of lending.
As 75% of IFAs report an upturn in equity release enquires during the past three months, IFAonline is coming to the aid of advisers wishing to capitalise on this expanding area of the market.
The Financial Services Authority has written to firms urging them to ensure their lifetime mortgage advice meets required standards ahead of another market review in late 2007.
The Financial Services Authority has published a practice guide on lifetime mortgages with examples of good and poor practice it has observed within firms.
The Financial Services Authority has released findings of its latest mystery shopping exercise in the lifetime mortgage market, revealing there is still room for improvement in the advice process.
The Ifs has announced changes to the qualification structure of its advanced Certificate in Mortgage Advice and Practice (Cemap).
Norwich Union will be raising the interest rates on its index-linked lifetime mortgage plans, starting today.