The lenders will begin considering expected retirement income 15 years before statutory retirement age and introduce a 70% property-value limit on outstanding mortgage balances by age 85 IN BRIEFKEY TAKEAWAYSFAQs Rabobank and Obvion will change their mortgage assessment policy from … Read the full press release →
Posted in Banks, Financial, Netherlands, Real Estate
Tagged De Nederlandsche Bank, financial advisers, life expectancy, loan-to-value, March 2027, mortgage assessment, mortgage policy, Mortgage policy changes at Rabobank and Obvion to affect refinancing, home moves and selected loan changes from 2027, mortgages, Netherlands, New Rabobank and Obvion mortgage rules extend retirement-income assessment window to 15 years, Obvion, property value, Rabobank, Rabobank and Obvion revise mortgage assessments to include earlier retirement-income review from 2027, Rabobank and Obvion to incorporate life expectancy into mortgage lending standards from March 2027, refinancing, retirement income, statutory retirement age
(IN BRIEF) According to research by Aviva, financial advisers in the UK are largely prepared to evidence their work on Consumer Duty outcomes, with over 90% indicating that they have either completed or are currently working on providing evidence for … Read the full press release →
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Al Ward, Aviva, Consumer Duty, financial advisers, UK
LONDON, 11-Jan-2018 — /EuropaWire/ — Prudential will begin 2018 by hosting a series of nationwide ‘Planning Matters’ seminars for financial advisers. At the sessions, which run from 24 January to 22 March 2018 and cover 21 locations across the UK, Prudential’s … Read the full press release →
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