All Later Life Stories

One in six lifetime mortgages are now taken out against homes worth more than £700,000.

The Bank Family is becoming essential for first-time buyers, as gifting shifts from inheritance to lifetime giving.

Annuity income has risen by over £100 in a few months.

Stamp duty remains a key downsizing barrier, but connection and suitable housing matter too.

Total lending rose to £597m in Q2, up 4% on the previous quarter, with new customer numbers up by 9%, returning to 2025 levels.

39% of advisers say they begin engagement when the client is past 50.

This is despite 58% considering moving to a smaller property in the future and 42% wanting more appropriate specialist facilities to enable moving.

John brings more than four decades of experience gained from senior leadership across financial services, government and public policy.

Refreshed later life lending criteria designed to give brokers greater certainty and flexibility when supporting customers at every stage of homeownership.

Bell was first appointed to the role in January 2025 as part of a Cabinet reshuffle.