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Just Retirement cuts lifetime mortgage by 0.1%

Equity release provider Just Retirement has cut the rate of its roll up lifetime mortgage plan by 0.1%.

The change came into effect on January 12 and all applications which have been submitted after that date will be offered the new rate.

Just Retirement external affairs and customer insight director Steve Lowe says: “With food bills, energy costs and inflation on the rise, now may be the right time for advisers to consider equity release products for their clients as a way to top up their retirement income.

“We believe that equity release market will expand significantly in coming years such that thousands more individuals may attain the lifestyle improvements that equity release provides to increasing numbers of retirees today.”


andrew montlake

Marketwatch – January 2012

Virgin Money’s enthusiasm for the borker market is heartening and it will be backed up by Northern Rock’s excellent team. Anyone placing bridging business is advised to stick to established lenders.


Caption Competition

Coreco’s Andrew Montlake (left) and Prolific’s Lea Karasavvas promote their latest London Tweetmeet on February 8


Proposals are vast improvement but check the details

After much anticipation, a couple of years of consultation and some stand-offs, the Financial Services Authority’s final Mortgage Market Review proposals were published a few days before Christmas.


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