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Equity release challenge

Economic Lifestyle is challenging other equity release providers to improve their products as it launches its cash release plan, a portable and flexible reversion scheme.

It says poor sales of reversion plans compared with lifetime mortgages are partly due to the inflexibility of products.

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Paragon survey reveals stable buy-to-let yields

Paragon Mortgages says yields generated by residential property investors have been relatively stable over the past quarter, remaining steady at around 6.5% since July.John Heron, managing director of Paragon Mortgages, says: “Yields seem to have stabilised in the past quarter, after some easing earlier in the year. “This is clearly good news for landlords with […]

Golds shortlisted as law firm of the year

Golds has been shortlisted for law firm of the year in the UK Legal Technology Awards.The competition, open to all UK law firms and the leading competition of its kind, is organised by Legal Business, publishers of The Legal 500, the independent guide to the UK profession.The shortlist is a group of heavyweight UK and […]

Time to dust off your contacts book

It remains uncertain how the advent of HIPs will affect the average mortgage broker but at least it is an opportunity to refresh contacts with local property professionals, says Sue Read

Mortgage Match to offer L&G protection range

Packager Mortgage Match has recently signed an agreement with Legal & General enabling it to offer homeowners a range of protection products to complement their mortgage. The range consists of:* Buildings and Contents insurance .* Mortgage term and decreasing term assurance.* Mortgage critical illness and decreasing critical illness cover.* Accident, Sickness and Unemployment cover.* Mortgage […]

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Has Britain really stopped saving?

By Steve Webb, Director of Policy and External Communications Our latest policy paper reveals what the fall in the savings ratio does (and doesn’t) mean In June 2017, the Office for National Statistics published its estimates for the ‘savings ratio’ for the first quarter of 2017. This is essentially a measure of the percentage of […]

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