Related topic: Equity release

The lender has also added its 'Age Next Birthday' feature to sourcing systems.

All Horizon applications will be submitted and managed by more2life after Standard Life Home Finance's exit from the market.

The new calculator offers a fully customisable tool to demonstrate to customers the cost of borrowing of one or more products.

Between Q2 2024 and Q1 2025 mortgage repayment became the dominant purpose for equity release lending.

Lifetime mortgages and retirement interest-only lending both increased in Q3.

The enhancements include expanded product data, advanced modelling tools and improved API access.

Mortgage repayment became the dominant use, rising from 36% in Q2 2024 to 63% in Q1 2025.

The hub helps professionals identify, record, and respond to vulnerability effectively and consistently.

While total plan numbers were lower this quarter, customers released larger sums on average.

Customers are rewarded with the uplift towards paying the interest on every VPR they make, whether it is a one-off or regular.