- Responsible Lending has entered a partnership with Royal London, the UK’s largest mutual life, pensions and investment provider, to deliver an exclusive range of lifetime mortgage products. The products are available now to all equity release advisers. The Royal London Equity Release product range offers a Standard product and a Premier product. The Standard product is available to customers aged 55 to 84 years and six months with a minimum property value of £125,000 and a maximum value of £2,000,000. The Premier product offers the same age range and is better suited to customers with a high value property, above £2,000,000 and with no maximum limit. Both products offer the option to pay up to 10% of the total cash advance within each 12-month period.

- Yorkshire Building Society has launched a new range of fixed rate ISAs for savers looking for a competitive return. The new accounts launched include a two-year fixed rate cash ISA account with an interest rate of 5.20% tax free/AER which is available from Yorkshire Building Society branches and agencies, by post or online. The tax-free account can be opened by anyone aged 16 years or older, with an opening balance of £100, transfers-in are allowed and interest payable annually. Other accounts launching are: 5.10% one-year fixed rate ISA in branches, agencies, post and online; 5.20% three-year fixed rate ISA in branches, agencies, post and online. All of the accounts mature on 31 August in each year.

Share Story: