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Mortgage prisoners turning to equity release

Mortgage prisoners with interest-only loans are increasingly turning to equity release, according to Key Retirement. The firm’s latest Market Monitor says that 40 per cent of equity release customers took out a lump sum in the first quarter of 2016, compared to 30 per cent in the same period last year. Equity release customers released […]

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Hargreaves’ Vantage flows drop 16% on Brexit fears

Hargreaves Lansdown’s Vantage platform saw net inflows fall 16 per cent in the first four months of the year as investor concerns around Brexit and global market uncertainty grow. In its trading update for first four months of 2016, the UK broker saw inflows falling to £2.3bn within its execution-only platform compared to £2.8bn in the […]

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