Equity Release Supermarket

How the FCA Interest Only Mortgage Review May Impact Sales of Interest Only Lifetime Mortgages

Mark Gregory — Sun, 05 May 2013 23:08:48 +0000

May 2013 will be remembered as the wake-up call for customers with interest only mortgages. After all the talk about time bombs ticking down to zero, the FCA (Financial Conduct Authority) has now issued a regulatory warning, advising that action should be taken, and also how. The interest only mortgage has been sold in [...]

How the FCA Interest Only Mortgage Review May Impact Sales of Interest Only Lifetime Mortgages is a post from: Equity Release Supermarket

Newlife Rekindle Their Unique Buy-to-Let Equity Release Plan

Mark Gregory — Thu, 25 Apr 2013 01:35:21 +0000

With a timely return to a buoyant buy-to-let mortgage market, newlife (formerly New Life Mortgages) have re-launched their unique ‘Landlord Loan’. Originally released in 2006, the newlife Landlord equity release scheme was withdrawn a number of years ago, coinciding with a general drop in equity release applications & funding. The newlife landlord lifetime [...]

Newlife Rekindle Their Unique Buy-to-Let Equity Release Plan is a post from: Equity Release Supermarket

Are Self Cert Mortgages Available in Retirement?

Mark Gregory — Tue, 23 Apr 2013 06:33:18 +0000

Self-certification mortgages are mortgages that are available without a formal income check. Self cert mortgages can be a good option for self-employed or independent professionals who would otherwise have a hard time finding a mortgage lender. Self-certification mortgages are also now available within the retirement sector, in conjunction with the right equity release advice. [...]

Are Self Cert Mortgages Available in Retirement? is a post from: Equity Release Supermarket

Equity Release Schemes Available In Scotland

Nigel Hall — Thu, 28 Mar 2013 01:24:57 +0000

It’s been a long time coming, as the song goes but Scotland is at last catching up with the rest of the UK when it comes to the uptake of equity release schemes. The reason the Scottish equity release market has not grown as quickly in the past as the rest of the UK [...]

Equity Release Schemes Available In Scotland is a post from: Equity Release Supermarket

How does Equity Release Work?

Barry Adnams — Wed, 27 Mar 2013 23:40:33 +0000

Equity release schemes have risen in the popularity stakes over the past 12 months. With regular articles in the tabloids, and increasing government awareness, lifetime mortgages have certainly raised the bar. But how does equity release actually work in the whole scheme of things, and why has it become such topical subject matter for those [...]

How does Equity Release Work? is a post from: Equity Release Supermarket

How A Drawdown Lifetime Mortgage Provides Insurance for the Future

Mike Vicary — Thu, 14 Mar 2013 15:44:20 +0000

Suddenly you’re approaching retirement and you’re left wondering – ‘where did the years go?’ Realisation is dawning on you all too clearly that from hereon in you will be reliant on a fixed income, your savings may start diminishing and your future anticipated costs are anything but guaranteed! The question therefore is how do [...]

How A Drawdown Lifetime Mortgage Provides Insurance for the Future is a post from: Equity Release Supermarket

The Birth of the Equity Release Calculator UK Style

Mark Gregory — Wed, 13 Mar 2013 00:05:08 +0000

The improved confidence in the equity release sector has been borne by the industry providing accessibility to flexible and competitive products. Additionally, by introducing clarity, regulation and new online tools such as equity release UK calculators, customers can now partake in their own means of research to obtain information. These factors combined have seen a [...]

The Birth of the Equity Release Calculator UK Style is a post from: Equity Release Supermarket

FREE Valuation Offer With Hodge Lifetime

Mark Gregory — Tue, 26 Feb 2013 00:44:51 +0000

With growing interest in the Hodge Lifetime Flexible Mortgage, Equity Release Supermarket are pleased to announce a new FREE valuation deal for this market leading equity release product. For all new applications from 26th February 2013, Equity Release Supermarket can offer customers taking out a new Hodge Lifetime Mortgage plan a FREE valuation on [...]

FREE Valuation Offer With Hodge Lifetime is a post from: Equity Release Supermarket

Why are you still with Papilio UK Equity Release?

Mike Vicary — Fri, 15 Feb 2013 22:19:41 +0000

Are you one of those lifetime mortgage borrowers who were originally with Northern Rock but, since March 2012, have seen the ownership of your mortgage transferred to Papilio UK Equity Release Mortgages Ltd, a subsidiary of J P Morgan? If so, do you realise that you are probably paying interest at more than 1.3% [...]

Why are you still with Papilio UK Equity Release? is a post from: Equity Release Supermarket

Looking to Switch Lifetime Mortgage Schemes Could Prove Prudential

Mark Gregory — Sun, 10 Feb 2013 21:36:20 +0000

With lifetime mortgage schemes becoming increasingly commonplace and new borrowers on the increase, we look at how existing equity release customers could still benefit by reviewing and possibly remortgaging their existing plans. Today, the equity release market has expanded to include a variety of different products. At the same time, interest rates today also [...]

Looking to Switch Lifetime Mortgage Schemes Could Prove Prudential is a post from: Equity Release Supermarket