Standard Life Home Finance has joined the Mortgage Advice Bureau Later Life Lender panel.
The move will provide Standard Life’s later life advisers with access to a wider range of products on the market.
Mortgage Advice Bureau established its Later Life panel in 2020 in partnership with Key Group. Other members include Canada Life, more2life and Legal & General Home Finance, which provide the later life advisers within their network with access to a number of plans designed to meet different customer needs.
As the equity release market in the UK heads towards £6bn in lending in 2022, Standard Life suggested its partnership with MAB will further develop the market for lenders, advisers and over-55 borrowers.
Head of sales at Standard Life Home Finance, Kay Westgarth, said: “We are delighted to be joining Mortgage Advice Bureau Later Life’s lending panel, alongside other well recognised brands in this sector.
“Using housing equity to support retirement income or help loved ones is becoming increasingly common and we are pleased to be working with the MAB team to support later life advisers and their clients.”
MAB deputy CEO, Ben Thompson, added: “Having launched MAB Later Life in 2020, we are well positioned to service the increasing numbers of customers who are considering how they manage their borrowing into retirement.
“Standard Life Home Finance is a well respected name in the later life sector, and having the brand join our panel will add some fantastic expertise and new innovative products to the comprehensive range already available to our advisers.”
Latest News
-
Inflation remains at 3.8% in August
-
UK house price growth slows to 2.8% in July – ONS
-
Third of UK adults relying on inheritance to fund retirement
-
Govt has failed to act on lifetime ISA recommendations – Treasury Committee
-
Becketts acquires Swallow Financial Planning
-
‘Fear of rejection’ biggest barrier for one in three aspiring buyers
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories