Nearly three out of five over-55s homeowners with mortgages are making major sacrifices to pay off loans by retirement including not saving into their pension.

The service will be available to advisers who want to refer later life business.

The average over-55 owner-occupied household in the UK has £321,213 of equity in their home. 

Royal London acquired Responsible Life and Responsible Lending at the end of January.

The Council hopes that the guidance will help move the conversation on green home finance forward. 

Q2 was the busiest quarter for lending activity in almost a year.

Equity Release Group advisers will now have access to three new products in the Royal London Equity Release product range.

Repaying just £100 a month could help the typical customer reduce their total borrowing costs by almost £50,000 over 20 years.

The Equity Release Council has launched a Legal Guide to Equity Release as well as a new report, Vulnerability Vigilance, exploring the most common customer vulnerabilities which legal...

The maximum age limit for later life mortgages is now set at 90.