Pure Retirement sees share of borrowers with high-value homes nearly double QoQ

L&G data reveals promising signs, with interest from older first time buyers up by 80% | Today's Conveyancer

L&G says there has been a ‘significant increase’ in first-time buyer searches for mortgages, including a sharp rise in older buyers who want to get on the property ladder. Quarter one data from L&G’s Ignite mortgage platform showed an increase of 45% for first-time buyers compared to figures from Q4 of 2024, with searches by potential buyers in the 56-65 age group surging by 80%. Interest from the 18-30 age category grew by 53% over the same per…

Pure Retirement sees share of borrowers with high-value homes nearly double QoQ

Lifetime mortgage lender has reported that the share of business coming from borrowers living in high value homes rose from 5% at the end of 2024 to 9% in Q1. The post Pure Retirement sees share of borrowers with high-value homes nearly double QoQ appeared first on Mortgage Solutions.

Proportion of new lifetime mortgage business from owners of high value homes almost doubles on quarterly basis - IFA Magazine

Analysis by lifetime mortgage lender Pure Retirement has shown that in Q1 of this year the proportion of new business coming from high-value homes (i.e. over £850,000) almost doubled compared to the levels seen in Q4 of last year.   The lender found that over the last quarter owners of high-value homes made up 9% of total new business – an increase from the 5% seen at the end of 2024.   The lender also found that the bulk of activity continues t…