View more on these topics

AIR Sourcing joins Equity Release Council

AIR Sourcing has joined the Equity Release Council, it has announced

The sourcing system for equity release and retirement lending products was launched in May 2016 and has 2,000 registered users.

The system allows advisers to search for products using a unique research filters tool.

The company says it will be looking to feed into the Council’s working groups and committees, considering key industry issues with a specific interest in product make-up, availability and sourcing.

The firm is part of the Answers in Retirement Group of companies, which also includes the Equity Release Club and Later Life Academy.

Answers in Retirement group managing director Stuart Wilson says: “The number of products and the growing innovation in the marketplace makes this a very interesting time for the sector.

“Demand is growing and we intend to work with the Council to ensure advisers get the best product access and that all stakeholders work together to develop solutions for a much wider demographic.”

Equity Release Council chief operating officer Donna Bathgate says: “I am delighted to welcome another member to the Council. This is testament to the record growth of the equity release sector, as more people consider the benefits of unlocking their housing wealth when planning for later life.”



Leeds unveils streamlined portfolio landlord approach

Leeds Building Society has released the full details of how it will approach portfolio landlord buy-to-let from 30 September. The lender says it has used the incoming PRA underwriting changes to overhaul its buy-to-let processes. Leeds director of product and distribution Jaedon Green says brokers will find it quicker to submit a portfolio application than […]


Foundation Home Loans confirms portfolio landlord commitment

Foundation Home Loans has confirmed that it will keep lending to portfolio landlords when new PRA underwriting standards come in from 30 September. There will be little change to the firm’s current criteria. Portfolio landlords are currently around 50 per cent of FHL’s business. Portfolio landlord applications must have a maximum aggregate portfolio LTV of […]


FCA warns banks on PPI claims

The regulator is warning it will crackdown on banks that don’t deal with payment protection insurance complaints adequately. The Financial Conduct Authority says it will be closely monitoring how banks handle PPI complaints ahead of the deadline for claims in August 2019. It comes after the FCA this month launched a campaign encouraging consumers to […]

Why we all need to back the housing underdog

The UK loves an underdog. There is something irresistible about the story of the little guy standing up to the established players and leaving them with a bloody nose, whether it is Henry Cooper putting Muhammad Ali on the mat or the Wallabies trouncing the Kiwis in rugby. At the Conservative Party conference, LendInvest championed […]


News and expert analysis straight to your inbox

Sign up