FCA Intervention Guidance welcomed but digital notifications should be mandated
In our recent report Probate or Pro-wait – how to make the hardest part of life easier, we recounted a story of how a bereaved widow had to contact more than 20 individual organisations to inform them that her husband had died. We also reported that nearly three in four (72%) of 2,000 UK adults […]
Auction houses should be a first resort for more property sales
Given the problems with delays, gazumping and fragile chains related to traditional sales, why aren’t more homes under the hammer from the outset? Buying and selling property takes too long in Britain. The TV presenter Kirstie Allsopp (Location, Location, Location) agrees. She vented recently on Radio 4’s consumer programme You and Yours about how delayed […]
Total lending rises for fourth successive quarter – ERC
The Equity Release Council’s latest quarterly market report for Q1 2025 showed that the market had a strong start to the year with £665m worth of housing equity accessed by customers. This is a 32% increase in total lending when compared to Q1 2024 (£504m) and the fourth successive quarter of growth recorded by this […]
Advisers ‘risk regulatory’ issues and customer outcomes on estate planning
Advisers are risking potential regulatory issues and good customer outcomes if they do not consider wills and Lasting Power of Attorney (LPAs) when recommending later life lending products, Key Later Life Finance warns. Industry data shows nearly a third (30%) of over-55s do not have wills and more than three-quarters (77%)** do not have an […]