OneFamily Press Releases

Press releases and research from OneFamily. The information on these pages is intended for journalists. If you’re not a journalist, visit our Savings Hub for the latest articles.

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All the single ladies: More women than ever using equity release to boost their retirement income

29 May 2018

OneFamily data shows that the number of single women taking a lifetime mortgage has increased to one in every three customers (35%) from one in four (23%) just two years ago.

Nearly 70% of Lifetime ISA savers using the product for retirement

03 May 2018

Nearly 70% of OneFamily Lifetime ISA customers are saving for the long-term and planning on using it to fund their retirement.

Upsizing over 55s driving new trend in lifetime mortgage market

26 Apr 2018

OneFamily has identified a growing group of over 55s that are using lifetime mortgages to fund property moves to more expensive homes. Buying a new property is now the fourth most popular reason for using a lifetime mortgage as homeowners who are retired, or approaching retirement, move to be closer to family and friends, or better amenities.

Savers urged take out a Lifetime ISA to maximise 25% Government monthly bonus

10 Apr 2018

OneFamily is urging savers to maximise the opportunity offered by a Lifetime ISA and gain access to the Government 25% bonus. The Lifetime ISA is the only savings account that benefits from this generous monthly bonus and is available to savers from 18 – 39 years old saving for a first home or retirement.

The rise of the ‘Parent-sioner’ – Number of parents in their 60s with children under 18 set to soar over next 10 years

13 Feb 2018

New research from OneFamily has found that the number of ‘Parent-sioners’ is set to increase significantly over the next decade. The findings indicate that more over 60s than ever before will have children under 18 and in the next ten years it will rise from circa 400,000 to over 900,000.

OneFamily enters Lifetime ISA market

07 Feb 2018

OneFamily is launching a simple, customer-friendly, stocks and shares Lifetime ISA.

OneFamily launches new funeral cost calculator for advisers

30 Jan 2018

OneFamily has launched a funeral cost calculator that enables advisers to calculate the sum assured their clients can receive from OneFamily’s Over 50s Life Cover, based on monthly premium, with the cost of a funeral in their clients local area, both now and into the future.

OneFamily launches new two year fixed offer on its range of lifetime mortgages

19 Dec 2017

OneFamily is launching a new two year fixed offer across its range of lifetime mortgages. The deal, which is available from today, will give homeowners wishing to take equity out of their home the ability to fix their costs for a two-year period until December 2020.

OneFamily Lifetime Mortgages go live

18 May 2016

Two new Lifetime Mortgage products announced by OneFamily last month have now gone live, the financial mutual has announced.

Engage Mutual Board recommends merger with Family Investments

11 Sep 2014

Combined organisation would create one of the UK’s largest mutuals.