Related topic: Equity release

More2life found that customers aged under 70 made up 63.6% of its interest reward customers between January and September 2026.

The new option offers a discounted interest rate for customers making monthly payments of at least 25% of the monthly interest.

Dave Harris, CEO of more2life, says a product feature only improves outcomes if customers know it exists, and a lending solution only changes lives if advisers feel confident...

Will Hale, CEO of Key Equity Release, says there is a growing issue with retirement income shortfalls and, in housing wealth, a credible solution available which can support good...

The partnership aims to support closer collaboration and knowledge-sharing across the wider later life lending market.

Equity release customers can now make an unlimited number of overpayments within their early repayment charge allowance.

We spoke to Jim Boyd, CEO of the Equity Release Council, about how the later life market has transformed in the 35 years since the Council was founded, how safeguards have evolved...

Customers are using the product more as a structured financial planning tool rather than for discretionary spending.

Together will contribute to the Council's work encouraging greater collaboration and understanding across the wider later life lending market.

Fairer Finance and the Equity Release Council warn the government that urgent action must be taken to ensure housing wealth becomes a recognised part of mainstream retirement planning...