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Council response to the FCA’s publication of its Handbook Notice and final rules on ‘retirement interest-only mortgages’ in March 2018

Council response to the FCA’s publication of its Handbook Notice and final rules on ‘retirement interest-only mortgages’ in March 2018

6 April 2018

The Council supports efforts to provide innovative and flexible options that are in the best interests of older consumers. This comment is in response to the FCA’s publication of its Handbook Notice and final rules on ‘retirement interest-only mortgages’ in March 2018.

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Latest news

Council's Q2 Equity Release figures announced

Council's Q2 Equity Release figures announced

20 July 2018

The Equity Release council releases Q2 2018 figures that show nearly £1bn of housing wealth was released. The period shows an increase of 12% on the ...

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Equity Release lending closes in on £1bn for a single quarter

Equity Release lending closes in on £1bn for a single quarter

20 July 2018

Embargoed for publication until 00.01 Friday 20 July 2018

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Equity Release market sees record quarter

Equity Release market sees record quarter

20 July 2018

Equity Release Council latest figures report nearly £1bn of housing wealth released in the last 3 months. This is up 12% on the first quarter of 2018...

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Have house sales been affected by Equity Release?

Have house sales been affected by Equity Release?

20 July 2018

People reaching retirement may not be moving house so frequently, perhaps due to choosing Equity Release as an option instead. Figures released today...

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More news articles

New levels reached for Equity Release this quarter

20 July 2018

Record levels of property wealth have been released this quarter according to the latest Equity Release council figures. Nearly £1bn of equity was re...

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Will we reach £1bn in Equity Release lending?

20 July 2018

Latest figures from the Equity Release Council show highest ever quarterly figures for Equity Release plans. Nearly £1bn of housing wealth was recorde...

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Is Equity Release as good as it sounds?

19 July 2018

Equity Release has become more and more popular recently as a way for people to make the most of their finances. The plans appear to offer the consum...

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Financial choices for the over 55s

18 July 2018

As you approach retirement it may be wise to plan your finances to ensure you can meet the rising cost of living. Here is a guide to making the most ...

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News from Spicerhaart corporate sales on IO mortgages

18 July 2018

Banks and building societies who are keen to sell on their interest-only mortgage debt will have the option of a new service from Spicerhaart corporat...

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Office for Budget Responsibility analysis of NHS Funding

17 July 2018

The planned increase in NHS funding will require a rise in taxes according to the financial watchdog Office for Budget Responsibility. It suggests t...

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Q&A on the end of an interest-only mortgage

16 July 2018

‘Ask the Experts’ article where Virginia Wallis, freelance personal finance journalist answers a reader’s question on how they can pay off their inter...

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Price increases possible due to new ER rules

15 July 2018

*Article behind paywall* Customers could see prices rising as a result of the PRA's recent proposals.

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