Horizon Plus

The fund takes advantage of changes introduced by the UK regulator (FCA) and the launch of standard primary residence mortgage products for older borrowers over the age of 50. The demand for retirement lending products is expected to increase and drive penetration as more retirees need additional sources of income to pay for their health and lifestyle choices, especially given shrinking pension pots in the wake of dwindling membership of defined benefit schemes and low yields on their savings. The UK retirement mortgage market has rapidly increased, particularly over the past five years. + There is currently £2. 5trillion in untapped equity in the over 55's customer sectors. + Seventy-five percent of homeowner households over 65 years are likely to need additional capital in retirement. + High inheritance tax, encourages homeowners to release equity to transfer wealth tax free. + "Bank of Mum & Dad" hit a record high of £10bn lent in 2021 to help offspring, often for first time property purchases.
Social Link - Linkedin: http://www. linkedin.com/company /horizon-plus-fund
Employee Count: 1
Keywords: investment management