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More Great News For The Equity Release Market As New Life Mortgages Return With Lowest Interest Rate

By Mark Gregory on the 3rd November 2010

Signs are certainly showing of a recovery in the equity release market as news that existing SHIP member – New Life Mortgages are returning with two new competitive products. They arrive on the back of the recently launched impaired life equity release lender; more2life at the beginning of October.   Although New Life Mortgages hadn’t […]

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Three Reasons Why You Can Still Benefit From A Last Minute Prudential Equity Release Application

By Mark Gregory on the 30th December 2009

As you may be aware Prudential have announced their imminent withdrawal from the equity release market…& time is fast running out. With this in mind we briefly...

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Prudential Set To Withdraw From Selling Equity Release

By Mark Gregory on the 24th November 2009

Prudential has announced to the industry that it will withdraw from writing new equity release business in the New Year. The insurer will however continue to ma...

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Equity Release – Can it Be Used As a Means Of Bridging Finance?

By Mark Gregory on the 28th October 2009

The industry definition of an equity release scheme is an over 55’s mortgage, albeit with no monthly repayments & finally settled on death or moving into long t...

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Saffron’s Withdrawal Leaves The Equity Release Market Lacking Spice?

By Mark Gregory on the 29th September 2009

Saffron Building Society  has announced it is to withdraw, albeit temporarily, from the equity release  market after meeting its lending targets for this year....

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