Property equity can play a bigger role in retirement planning and in supporting the property market, Key says.

The criteria enhancements will broaden the type of properties which could qualify for the Horizon range.

Tailored Interest Reward offers interest rate discounts of up to 0.65%.

Will Hale, CEO of Air, says in order to be fit for the future of the later life lending market, all advisers need to look at all options for customers in their 50s and early 60s.

The guide outlines the processes that sit at the heart of the lifetime mortgage process.

The later life lender has introduced a Flexi Interest Reward feature based on live pricing.

Many will buy their partner out using savings (18%), but one in 20 couples are turning to equity release to stay in their homes.

Access FS is looking to further expand its later life proposition.

On average, retired mortgage holders still owe more than £63,000.

More than 15,000 customers were active in one quarter for the first time in over a year.