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More to later life lending than equity release say LiveMore | Today's Wills and Probate
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More to later life lending than equity release say LiveMore | Today's Wills and Probate
A mortgage lender for people 50 to 90 plus is calling for greater clarity and meaning on what ‘later life lending’ really means as it raises concerns it has become a synonym for equity release when there are other options available to older borrowers. Leon Diamond, LiveMore founder and CEO said the term ‘later life lending’ had become – incorrectly – interchangeable with equity release creating ‘a misunderstanding that risks limiting consumer …
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