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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OneFamily Lifetime Mortgages is temporarily withdrawing its products from new business, due to the recent instability in the mortgage markets.
The rising cost of living has been affecting over-50s in varying ways in recent months and with many reporting nervousness around spending, a divide has emerged in terms of what equity release money is likely to be put towards.
OneFamily has been named as the best life insurance provider for the over-50s in the prestigious What Mortgage Awards for the second year in a row.
OneFamily has announced that Melanie Hind will be joining its Board as a non-Executive Director from September.
A ‘Life Cover protection gap’ is emerging, as 42% of funeral plans and life policies don’t offer as much cover as individuals need.
The older generation is worried about the impact of the cost-of-living crisis and rising property costs on the life chances of younger relatives according to the Inspiring Better Futures report published by OneFamily.
OneFamily research shows one in five people over 50 would consider releasing money from their home to help out younger relatives.
The cost of owning a home, getting married and having a family has now reached a hefty £360K1 – the equivalent of almost 11 years’ salary.
The cost-of-living crisis combined with rising house prices and inflation is making owning a home seem an impossible dream for many under 40s, with the average UK house costing £275,000 according to the ONS.
Brighton based OneFamily has announced support for two community projects to help families in the city.