Providers fill the equity release gap

Mirfin, Dean
June 2008
Mortgage Strategy;6/2/2008, p18
Trade Publication
The article presents the author's analysis on the issue of filling the equity release gap in Great Britain. It mentions ways to address the issue, wherein equity release firms should lengthen the early repayment charges. Particular focus is given to Godiva Mortgages, the first provider to spot the opportunity and gives customers the option to repay at any time without penalty.


Related Articles

  • Heroes & Villains.  // Mortgage Strategy;7/14/2008, p14 

    The articld features a hero and villain of the week in the mortgage industry in Great Britain. Edeus is considered a hero for its innovative scheme whereby it is weaving early repayment charges for some clients and offering their cashbacks if they ca remortgage. On the other hand, Dunfermline is...

  • Coventry Intermediaries - Godiva Buy-To-Let Flexx Fixed - 75% LTV.  // Money Marketing (Online Edition);1/5/2012, p1 

    The article offers brief information on Godiva Mortgage Ltd.'s flexible fixed-rate buy-to-let mortgage, whose term will end on March 31, 2017 at 5.35% fixed rate.

  • Mortgage Industry Steps Up Loan Mods.  // Asset Securitization Report;1/21/2008, Vol. 8 Issue 3, p14 

    The article focuses on the study by the Mortgage Bankers Association (MBA) which revealed that the mortgage industry in the U.S. has modified 54,000 mortgage loans and started formal repayment plans. The study disclosed that almost 13,000 adjustable rate mortgage (ARM) loans were modified and...

  • 8 tips to reduce your mortgage. Lander, Dina // Australian Parents;Apr/May2007, p91 

    The article offers tips on managing mortgage payment obligations. One recommendation is to determine the type of loan that suits the borrower. The two kinds of loans are fixed rate and variable rate loans. The author compares that the term of fixed rate loans do not change while variable rate...

  • Homeowners Favor Repayment Plans to Mods. Collins, Brian // Mortgage Servicing News;Mar2008, Vol. 12 Issue 2, p19 

    The article reports on a data released by Hope Now servicers related to subprime mortgages in Washington, D.C. Report showed that subprime adjustable rate mortgage (ARM) borrowers were seven times more likely to favor repayment plans than loan modification. However, officials and banking...

  • ANALYSIS: Variable rates are no longer low risk.  // Fund Strategy;1/24/2011, p15 

    The article discusses a study which suggests that variable rate mortgages are not anymore a no-risk option for lenders or clients in Great Britain. The study reveals that around 2.7 million variable or tracker rate mortgage holders will find difficultly to satisfy their mortgage repayments if...

  • Competitive fix. O'Donovan, Peter // Money Marketing;6/18/2009, p35 

    The article evaluates the Buy-To-Let 5.4% Five Year Fixed Mortgage from Godiva Mortgages Ltd.

  • MAINTAIN MOMENTUM. Waterson, Nigel // Mortgage Strategy;10/26/2016, p11 

    The article talks about growth recorded in the equity release market due to product innovation and momentum in the housing sector, it talks of lenders offering diverse products o meet the needs of the borrowers, it also makes a mention of the challenges faced like promotion to the mass market.

  • The Choice Between Fixed and Variable Rate Mortgages: Evidence from National Data. O'Brien, A. Maureen; Wong, Shee Q. // American Business Review;Jan1990, Vol. 8 Issue 1, p49 

    The purpose of this paper is to examine the choice between fixed (FRM) and adjustable rate (ARM) mortgages based on a model which takes into consideration mortgage pricing variables, borrower characteristics as well as city characteristics. Because of the choice-theoretic nature of the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics