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Revisiting Your Lifetime Mortgage: Reviews, Options, and Opportunities
Life events like illness, separation, new relationships, or changing goals can all impact your mortgage needs, your family and potential beneficiaries.

Penn Financial
Apr 223 min read


Home Reversion Plan v Lifetime Mortgage
Typically, with a Home Reversion Plan, the homeowner is selling their interest in the property, and so the loan-to-value can be 75% or even more. However, with a Lifetime Mortgage, given that the borrower is rolling up the interest, the amount of cash available at outset is limited, with a typical maximum often being just over 50%.

Penn Financial
Apr 162 min read


The Complex World of Equity Release
The term “Equity Release” is really an umbrella term as it includes both Lifetime Mortgages, which make up the overwhelming majority of business, and Home Reversion Plans, which although representing a very small part of Equity Release business, still provide a crucial lifeline for some.

Penn Financial
Apr 164 min read


The Rise of Mortgage Repayments into Retirement: What It Means for Homeowners
The number of homeowners paying their mortgages into their 70s has surged by 156% in recent years, highlighting the increasing financial pressures reshaping homeownership. According to recent data from the Financial Conduct Authority (FCA), over 22,000 mortgages with 35-year terms were sold to buyers over 36 years old in the first nine months of 2024 alone, up from just over 15,000 in 2018.

Penn Financial
Apr 162 min read


Urgent Mortgage Alert to Homeowners
If your mortgage rate is due to expire, this is for you.

Penn Financial
Feb 72 min read


CASE STUDY | The Ripple Effect of Kindness
Be inspired by Sylvia's story. This is how thoughtful financial planning can create a lasting impact on your life and those around you.

Penn Financial
Jan 83 min read


Understanding Lifetime Mortgages: Your Simplified Guide to Equity Release
Equity Release and Lifetime Mortgages are often used interchangeably in everyday language and the media. However, it’s important to...

Penn Financial
Dec 14, 20243 min read


Penn Financial Expands Services: Equity Release and Islamic Mortgages
At Penn Financial, we are always striving to better serve our clients. That is why we are thrilled to announce that we now hold full...

Penn Financial
Dec 9, 20242 min read


Penn Financial Advisers’ Top Tips for a Financially Stress-Free Christmas
Saan, Lux, and our Equity Release Specialist Paul have come together to share their expert advice on making the season joyful...

Penn Financial
Dec 9, 20243 min read


Meet the Team: Paul Smith
With more than three decades of experience in the financial services industry, Paul Smith brings a wealth of knowledge and dedication to...

Penn Financial
Nov 22, 20242 min read


Emotional & Other Factors in Choosing Downsizing or a Lifetime Mortgage
For many approaching retirement, the choice between downsizing or obtaining a Lifetime Mortgage is not just financial.

Penn Financial
Nov 22, 20241 min read


The Practical Considerations of Downsizing vs. a Lifetime Mortgage
As clients start making retirement choices, deciding between downsizing or opting for a Lifetime Mortgage is a major consideration with...

Penn Financial
Nov 22, 20242 min read


The Penn Approach
The "Penn Approach" is to solve life and business challenges through integrated professional services, balancing modern pressures with...

Penn Financial
Nov 22, 20243 min read


Case Study | A Lifetime Mortgage Success: How Medical Underwriting Helped Mr & Mrs Moore Fund Essential Home Repairs
While Lifetime Mortgages are often written based on age and the value of the property, it is also, in some cases, possible to increase...

Penn Financial
Oct 21, 20242 min read


The Nationwide House Price Index Report: September Records Fastest Annual House Price Growth in Two Years
According to the latest Nationwide House Index report, there has been the "fastest annual house price growth in two years" with the average

Penn Financial
Oct 1, 20242 min read


About the Length of Your Mortgage Term
For a long time, a mortgage term was generally accepted to be 25 years and even now, if you ask many borrowers how long a mortgage term...

Penn Financial
Sep 16, 20242 min read


Grandparents Helping With Private School Fees: Exploring Lifetime Mortgages as a Solution
Private School fees are currently in the news with the planned removal of VAT exemption, and with the average fee for a day pupil...

Penn Financial
Aug 28, 20242 min read


NEW Mortgage Payment Protection Insurance
In the past, it was well known that you could take out a mortgage for example and then take out another policy to cover you in case you lost

Penn Financial
May 10, 20242 min read


What is the Own New scheme?
Own New is a scheme designed to make it easier for somebody to purchase a new build home by way of a mortgage. The scheme was launched...

Penn Financial
Apr 10, 20241 min read


Mortgages | Is Now a Good Time To Remortgage?
The decisions you have to make when considering remortgaging are particularly crucial at this time due to rapidly changing economic...

Penn Financial
Jul 25, 20232 min read
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