by Mike Jones | Sep 1, 2024 | Later Life Lending
Releasing equity through a lifetime mortgage is a journey that requires thoughtful consideration and careful planning. By following these steps, you can approach the process with confidence, knowing that you’re making an informed decision that aligns with your... by Mike Jones | Jun 26, 2024 | Later Life Lending
Interest-only homeowner mortgages fell by 5.4% to 664,000 last year compared to 12 months before, the latest data from UK Finance reveals. Interest Only mortgages are declining in numbers year on year. This means that borrowers who may have historically taken an... by Mike Jones | Jun 22, 2024 | Later Life Lending
Debt is becoming a growing concern for UK adults approaching retirement, with 48% of over 55s having ‘some sort’ of outstanding debt. As we age, many of us find ourselves facing financial challenges that were not as prevalent in our younger years. One common issue... by Mike Jones | Jun 6, 2024 | Later Life Lending
When considering a lifetime mortgage, one of the key features to look out for is the no negative equity guarantee. This guarantee ensures that you or your beneficiaries will never have to pay back more than the value of your home, even if the outstanding loan amount... by Mike Jones | May 30, 2024 | Later Life Lending
Repaying an interest-only mortgage can be a daunting task, especially if you’re over 50 years old and facing limited options. Many people in this situation may find themselves unsure of what steps to take next. Here, we’ll explore some of the options...