Just Retirement notes equity release jump

The firm, which has published its new business figures for the quarter, confirmed that £37.4m of advances were sold, up from £37.1m last year. In addition, the sales for the nine months up to March totalled £119.2m, up from £111m the preceding year, a jump of 7.4%. Just Retirement noted demand for equity release mortgages remained satisfactory, though it is running below the recent record levels. The Group has recently replaced its 'fee free' product with a 'refunded valuation on completion' offer, which it said had been well received by the marketplace. Mike Fuller, chief executive o...