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Equity Release
News
Just Retirement cuts lifetime mortgage by 0.1%
Rate cut from 6.5% to 6.4% for new applications.
LV= reduces lifetime mortgage rates by 0.1%
Rates cut by 0.1%.
Move to open up Ship membership could lead to innovation
Equity-release advisers believe trade body Safe Home Income Plan’s decision to open up its membership to intermediaries will lead to more product innovation in the sector.
EquityCare wants small drawdown for home care
Equity-release specialists have called on providers to develop products for the home care market which allow customers to draw down smaller amounts.
Key Retirement Solutions in takeover talks
The equity release specialist is in talks with a number of private equity groups.
More 2 Life expands into Scotland
Provider to distribute through Key Retirement Solutions initially.
Ship opens up membership to intermediaries
Trade body set up committee to look at expanding membership in June.
Analysis
At last, release is on the agenda
Hopes are rising that equity release will finally be acknowledged as a viable option for funding social care
Opinion
Fear of the unknown
We need to address the lack of consumer understanding of equity release to push the market forward
