Older homeowners accessing the value held in their homes via lifetime mortgages and other forms of equity release are directly adding almost £1.8bn in gross value added (GVA) across the UK economy, new research has revealed
Almost nine in 10 people (87%) people between the ages of 11 and 18 in the UK have “limited knowledge” about managing money, new research from Yorkshire Building Society has suggested
Plans for retirement are driving around one in three (32%) of equity release customer choices, new research from Standard Life Home Finance has indicated
Lending across the second charge space totalled £140.4m in April, figures reported directly to Loans Warehouse from second charge lenders have indicated
Overdraft interest rates have surged since the start of the pandemic, rising from 20.99% in February 2020 to 34.07% in April this year, according to Bank of England (BoE) figures
Net borrowing of mortgage debt by individuals increased to £7.0bn in March, a figure up from £4.6bn in February, new Bank of England (BoE) figures have confirmed
Second charge lenders have reported that lending across the second charge space totalled £155.5m in March, according to the latest Secured Loan Index published by Loans Warehouse
Experts from across the pensions industry have warned that the cost-of-living crisis is likely to affect people’s abilities and willingness to adequately save for retirement, especially those not in scope of auto-enrolment (AE)