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Growing numbers of homeowners with a lifetime mortgage are making monthly payments on their loans, according to data from OneFamily.

This means that the interest doesn’t roll up, as with traditional equity release plans, and the remaining capital in the property is protected.

32% of the lifetime mortgages held with OneFamily have either ...

OneFamily have launched a new Lifetime Mortgage with a higher Loan to Value (LTV) - allowing clients to release even more money from their property.

Features include :

• Highest Loan to Value in the market, up to a maximum of 58% (Subject to age)
• Fixed Lifetime Interest Rate
• Simple and Fixed ...

As from the 15th March, Hodge Lifetime have removed their normal £595 Product Fee from most products across their range.

They will also offer a standard Free Valaution for all properties under £1 million.

Products improved include :

• Lump Sum Lifetime Mortgage
• Flexible Lifetime Mortgage
• Lump Sum Lifetime ...

Another Equity Release lender is reducing rates across it's most popular range of products.

From today, rates are reduced on the :

• Capital Choice
• Capital Choice Plus
• Capital Choice Drawdown Plans, and
• Capital Choice Plus Drawndown Plans

For more details, and a chaeck on your suitability ...

Family members taking out equity release helped 46 first-time buyers a week onto the housing ladder last year, according to analysis by Canada Life Home Finance.

The company calculates that 2.9% of the 82,791 equity release customers in 2018 used the money to help first-time buyers secure a home. Canada Life’s customer information shows a ...