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Just Retirement Group reveals 12% rise in sales

The Just Retirement Group has revealed a 12.1% year-on-year rise in group sales as part of its Q3 results.

This equates to a £184.7m rise in the three month period ending March 31.

Mike Fuller, chief executive of Just Retirement, says: “I am pleased to report that the positive indications highlighted in our recent interim results are now becoming apparent in our new business figures.

“As anticipated, our equity release business has continued to progress well. Year to date growth against the comparable period is a very strong 52.9%, while the business has shown resilience in current conditions, delivering 8.8% growth against the equivalent quarter last year.”

The firm has also signed a distribution deal with Bradford & Bingley that allows Just Retirement Solutions, the Group’s broker arm, to market equity release through each of the lender’s 197 branches.


Cameron calls for lender-funded advice service

Conservative party leader David Cameron has proposed a £50m social responsibility charge be levied on lenders to subsidise a free consumer finance advice service.

BDS and Assurant link up on MPPI

Assurant Solutions Intermediary and the network arm of the BDS Mortgage Group have partnered to provide mortgage payment protection insurance.

PMPA urges lenders to give more notice

The Professional Mortgage Packagers Alliance is calling for lenders to give more reasonable notice when withdrawing products.


Hanging onto the ladder for dear life

The latest news from housing charity Shelter says the boom in house prices since 1998 means many first-time buyers have been unable to get on the property ladder. I didn’t see that coming.

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