Insights
Insights
Wealth and assets data underscores the value of high-end property
Property wealth in the UK has grown 51% over the past decade to a total of £5.5 trillion, at an average of £206,521 per person, according to the Office of National Statistics’ most recent Wealth & Assets Survey.
Why are more and more banks no longer offering services for Trusts?
A number of well-known banks in the UK have, over the past year or so, stopped offering traditional banking services to trusts, citing issues such as cost, complexity and compliance as reasons for exiting a long-established part of the market.
The return of the woodland
Hampden & Co presents ‘The Return Of The Woodland’, a five-part podcast series exploring the growing interest in large-scale tree-planting.
The later life lending market comes of age
The ‘later life’ market has become one of the most competitive areas of the mortgage sector, and one in which Hampden & Co is seeing strong demand.
Why choose a Retirement Mortgage over Equity Release?
When people in later life borrow money against their property, should they opt for traditional equity release or an interest-only retirement mortgage? It depends on their circumstances, says Duncan Buchanan, Banking Director at Hampden & Co. If they’re borrowing out of choice rather than necessity, he believes it’s retirement mortgages all the way.