View more on these topics

HNW Lending announces equity release product

HNW Lending, a peer-to-peer asset-based lending firm, has announced the launch of an equity release product.

The firm uses private funds sourced from its founder and backers to make loans against various assets, ranging from classic cars and wine to property and pensions.

HMW Lending explains that its equity release product is aimed at borrowers who want to access funds within two weeks.

Its founder, Ben Shaw, cites strict regulation as one reason for existing equity release lenders taking a long time to release provide funds, and goes on to say that the product he has launched is based on the value of property rather than the income or age of the prospective borrower, leading to a greater chance of an application going through.

Shaw adds: “Asset-based lenders, like HNW Lending, are generally smaller organisations, and this means that we can build strong working relationships with brokers and their clients to provide a highly personalised and flexible solution for complex requirements.

“This makes it a perfect fit for equity release, which can often be an involved transaction, but our approach means that we can usually iron out wrinkles quickly and we typically advance funds within two weeks.”



Govt backs signposting to equity release within financial guidance

The government has shown support for the elderly being signposted to equity release as one of their finance options. Responding to the second report of 2017-19 of the Housing, Communities and Local Government Select Committee inquiry into housing for older people, the government said the new single financial guidance body should include information on equity […]

UK policy: Kate Moss and short-termism

“Nothing tastes as good as skinny feels,” said supermodel Kate Moss, who is not often credited for her insights into policy making. Perhaps she should be. In politics, as in matters of diet, the course of action that is the best over the long term is often not the most desirable course of action in the short term. Add the instant gratification of the democratic electoral cycle and, instead of good policy making, you sometimes get the equivalent to a midnight binge in front of the fridge.

Read more

Important information

Investment risks

The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.


News and expert analysis straight to your inbox

Sign up