This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM-Cover-Small-210814.jpg
Categories:Equity Release

Just Retirement cuts lifetime mortgage by 0.1%

  • Print
  • Comment

Equity release provider Just Retirement has cut the rate of its roll up lifetime mortgage plan by 0.1 per cent.

The change came into effect on January 12 and all applications which have been submitted after that date will be offered the new rate.

Just Retirement external affairs and customer insight director Steve Lowe says: “With food bills, energy costs and inflation on the rise, now may be the right time for advisers to consider equity release products for their clients as a way to top up their retirement income.

“We believe that equity release market will expand significantly in coming years such that thousands more individuals may attain the lifestyle improvements that equity release provides to increasing numbers of retirees today.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Taxbriefs Advantage
Advantage is a digital reference source giving unbiased, independent, answers to your technical queries. Subscribe to Taxbriefs Advantage.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick



Poll

Do you think interest rates will rise before the end of the year?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments