Momentum is slowing for women attempting to get onto the property ladder alone.
Momentum is slowing for women attempting to get onto the property ladder alone.
Zephyr has also launched a range of limited edition mortgage products with a 5% fee.
The figures add weight to the expectation that the Bank of England will cut interest rates next week.
Dave Harris, CEO at more2life, says the way advisers understand and ascertain client affordability can unlock a wider range of lending options for clients in later life.
The lender now offers three clear groups of bridging loans: residential, commercial and refurbishment.
The lender has hired a regional account manager, proposition and delivery manager, and sourcing and distribution manager.
Firms are being urged to review their systems as new guidance sets the standard for customer vulnerability management.
The lender has also added its 'Age Next Birthday' feature to sourcing systems.
The Society says affordability will now be assessed through a more rounded view of income and outgoings.
OPDA says the review gives brokers a "unique opportunity to deliver transformational change".
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