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£636m of housing equity unlocked in Q2


By Michael Griffiths

Older homeowners unlocked £636m in property wealth in Q2, new data published by the Equity Release Council (ERC) has revealed.

The figure marks a 10% increase in total lending when compared to Q2 last year (£578m)


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AJ Bell reports record net inflows in Q3

AJ Bell has reported its highest ever quarterly net inflows in Q3, which totalled £2.5bn in the three months to 30 June

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£10.5bn worth of BTL loans agreed in Q1 – UK Finance

A total £10.5bn worth of new buy-to-let (BTL) loans were advanced in the first quarter of 2025, a figure up 46.8% on Q1 last year, new UK Finance data has revealed

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PFS announces £1m investment in financial planning initiatives

The Personal Finance Society (PFS) has announced a £1m investment in initiatives designed to attract talent for the benefit of the financial planning profession

Almost one in 10 estates liable for IHT paying over £500,000

Nearly one in 10 (9%) estates liable for inheritance tax (IHT) paid more than £500,000 in the latest available year of data, with the number expected to continue rising as pensions come into the scope of IHT

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FCA announces simplified mortgage rules

The Financial Conduct Authority (FCA) has simplified its mortgage rules to make the remortgaging process easier for borrowers, while saving them time and money
Norton Finance confirmed as launch partner for Afin Bank

Norton Finance has become the launch partner for new digital lender, Afin Bank, to support its mortgage proposition

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IHT receipts total £2.2bn in June

Inheritance tax (IHT) receipts totalled £2.2bn between April and June 2025, which is a £100m increase year-on-year, HMRC has revealed

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Almost one in 10 estates liable for IHT paying over £500,000

Nearly one in 10 (9%) estates liable for inheritance tax (IHT) paid more than £500,000 in the latest available year of data, with the number expected to continue rising as pensions come into the scope of IHT

IHT receipts total £2.2bn in June

Inheritance tax (IHT) receipts totalled £2.2bn between April and June 2025, which is a £100m increase year-on-year, HMRC has revealed

Three quarters of British adults would support introduction of a wealth tax

Seventy-five per cent of British adults would support the introduction of a wealth tax of 2% on wealth over £10m, according to a survey from YouGov

Families make over 18k reclaims for overpaid IHT – NFU Mutual

Families in the UK have made more than 18,000 reclaims for overpaid inheritance tax (IHT) in the last three years, NFU Mutual has revealed

FCA announces simplified mortgage rules

The Financial Conduct Authority (FCA) has simplified its mortgage rules to make the remortgaging process easier for borrowers, while saving them time and money

FCA fines Barclays £42m for crime risk management failings

The Financial Conduct Authority (FCA) has fined Barclays Bank and Barclays Bank UK £42m for separate instances of financial crime risk management failings

Chancellor to ‘consider’ changes to ISA rules following Mansion House speech

The Chancellor, Rachel Reeves, stated that she will continue to "consider further changes" to ISAs in her Mansion House speech last night

FCA launches reform proposals to senior manager regime

The Financial Conduct Authority (FCA) has begun the first phase of its reform proposals designed to streamline the senior managers and certification regime (SM&CR).

97% of savers against Govt’s plans to cut cash ISA allowance, study finds

The vast majority of savers (97%) are against the Government’s plans to reduce the annual cash ISA allowance, according to a new survey by Hampshire Trust Bank (HTB)

Monzo fined £21.1m for financial crime control failings

Monzo has been fined £21.1m by the Financial Conduct Authority (FCA) for having inadequate anti-financial crime systems and controls

Cash ISAs boom in popularity over last year

The last 12 months have seen a significant increase in the number of savers opening a cash ISA, analysis by Hargreaves Lansdown (HL) has shown

Darlington BS warns of impact of changes to cash ISAs

Darlington Building Society has warned that the Government’s anticipated cut to the cash ISA allowance could have "wide-reaching consequences" for mortgage funding, savers, the housing market and the UK economy

Govt publishes legislation to bring pensions into scope of IHT

The Government has confirmed it is proceeding with its plans to include unused pension pots within inheritance tax (IHT) from April 2027 with the publication of draft legislation

Gender pension gap rises to 'stark' 48%

The gender pension gap has risen to a "stark" 48%, figures from the Department for Work and Pensions (DWP) have revealed

Honda Group pension scheme completes £800m buy-in with L&G

The Honda Group UK Pension Scheme has completed an £800m buy-in with Legal & General (L&G) Assurance Society Limited, securing the retirement benefits of over 1,700 retirees and over 3,000 deferred members

Quarter of people see providing family support in retirement as ‘realistic aim’

Almost half (49%) of people have stated that they want to financially support family members in retirement, but just 28% see it as a "realistic aim", Hargreaves Lansdown has found

AJ Bell reports record net inflows in Q3

AJ Bell has reported its highest ever quarterly net inflows in Q3, which totalled £2.5bn in the three months to 30 June

PFS announces £1m investment in financial planning initiatives

The Personal Finance Society (PFS) has announced a £1m investment in initiatives designed to attract talent for the benefit of the financial planning profession

Inflation jumps 3.6% in June

UK inflation increased to 3.6% in June, after remaining at 3.4% in the 12 months to May, the Office for National Statistics (ONS) has revealed. The latest figure is the highest inflation rate recorded since January 2024, when consumer prices index (CPI) inflation reached 4%

The Right DA Club reports ‘strong’ H1 results

The Right DA Club has reported "strong results" for the first half of 2025, with growth in both its membership take-up and income

Fiducia announces partnership with Doc2

Fiducia Commercial Network has launched a partnership with Doc2, a software firm that provides automated document creation and eSigning

Lantern launches tech integration with DebtStream

Lantern has adopted new software, powered by DebtStream, to improve its customer-facing portal and provide clients with support as they manage their financial situations

Verso develops strategic platform partnership with Nucleus

Wealth management consolidator Verso has developed a strategic partnership with Nucleus to launch a new platform

AJ Bell launches new advice platform

AJ Bell has launched a new streamline platform, AJ Bell Touch, to help financial advisers implement investment advice for their clients

News in brief – 24 July 2025

Today's round up of developments coming out of the consumer finance space, featuring RAW Capital Partners, InterBay, and Landbay

News in brief – 23 July 2025

Today's round up of developments coming out of the consumer finance space, featuring Afin Bank, LiveMore and Hampshire Trust Bank

News in brief - 22 July 2025

Today's round up of developments coming out of the consumer finance space, featuring Spicerhaart Corporate Sales, Atom bank and The Co-Operative Bank for Intermediaries

News in brief - 21 July 2025

Today's round up of developments coming out of the consumer finance space, featuring Skipton Business Finance, Vida and Clydesdale Bank

Mortgage Awards 2026: Open for entries

The Mortgage Awards 2026 are now open to entries for firms across the mortgage space serving clients in the UK

Lending with a difference: A conversation with Family Building Society’s Nathan Waller

With demand growing for more flexible mortgage solutions, Family Building Society is carving out a strong reputation in later life, family-assisted, and buy to let lending. We speak to Nathan Waller, Business Development Manager at Family Building Society, to discuss how they’re supporting brokers, addressing complex borrower needs, and adapting to an evolving market.

BLOG: Expand the holistic solutions you can offer with Royal London Equity Release

Royal London Equity Release discusses the importance of holistic support for clients when it comes to later life lending

BLOG: The younger generation have spotted an alternative route into the housing market – and we should embrace it

Head of business development at Saffron for Intermediaries, Tony Hall, discusses how the younger generation can find their way onto the housing ladder

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Later Life Lending: It’s more than just equity release or retirement interest only (RIO)

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Divorce and the importance of financial advice

Reinventing retirement

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