FR: Mortgage lending recently saw the best month since 2008 – have you seen a noticeable improvement in the market recently?
Quarter 1 of 2013 saw the strongest growth in Equity Release business since 2008. This is a reflection of growing demand as well as new and innovative products.
FR: What have been some of More2Life’s key milestones over the past couple of years?
Having launched the first impaired range of Lifetime Mortgages back in 2010 more2Life has moved into the interest serviced market which is designed to help clients approaching retirement with an outstanding interest only mortgage.
FR: What do you think the next five years holds for the retirement market?
The “BabyBoomer” generation, or those born between 1945 -65 , is now reaching retirement with all the financial decision making that entails. This is going to ensure the market continues to grow strongly.
FR: How important is the relationship between More2Life and intermediaries?
More2Life only secures business via Intermediaries and is therefore totally focused on providing the very best service to our supporting partners.
FR: In an industry where growth has proven more of a struggle in recent years, how have you continued to grow your business?
In a word – innovation. As the younger generation of clients has moved into the market they have asked for products that more closely match their requirements.
FR: If you were in charge of the FCA for a day, what would you do?
Improve access to help for all authorised firms, the vast majority of whom merely want to comply at minimum cost. Simplicity brings understanding and benefits for all.
