We use essential cookies to make our website work properly when you visit us. We’d also like your consent to set other non-essential cookies to help us improve our website and tailor the marketing you see.
Go back
In this piece, Roland Steere explores the current interest rate environment and its implications for the lifetime mortgage market. It highlights the historical fluctuations of UK Gilt rates, from their stabilisation in the late 1990s to the era of ultra-low rates driven by Quantitative Easing after the 2008 financial crisis.
These unusually low rates persisted for over a decade but ended abruptly in 2022, marking a return to historical norms. For advisers, this new landscape emphasises the importance of timely action, as waiting for further rate reductions could result in missed opportunities for clients.
In this article, Roland underscores the need to educate clients about these changes, helping them understand that current rates reflect long-term averages rather than anomalies.
Read now
These unusually low rates persisted for over a decade but ended abruptly in 2022, marking a return to historical norms. For advisers, this new landscape emphasises the importance of timely action, as waiting for further rate reductions could result in missed opportunities for clients.
In this article, Roland underscores the need to educate clients about these changes, helping them understand that current rates reflect long-term averages rather than anomalies.
Other articles
-
Market review - Q1 2024
The annual lending volumes in lifetime mortgages (LTM) halved from 2022 to 2023 as interest rates spiked, LTVs were trimmed, and various parties left and re-entered the market. So, after a quarter of more stability, where are we now?
Download -
Later life lending report 2020
The later life lending report, which focuses on the borrowing habits of those aged 55 and over, was conducted by the Centre for Economics and Business Research (Cebr) and is now in its fourth year.
Download -
What are your thoughts and views of the future of the market?
Final thoughts from our Later Life Lending Symposium. If you missed this round, will you be at the TWENTY20 events? Watch your inbox for more details. #LLLS2019
Watch now -
.png?ext=.png)
Dig deeper for better outcomes
Managing Director, Ben Waugh, shares his throughts on why asking the right questions is key in a Consumer Duty world
Read now