Shaping the future of later life lending
Exploring how technology, innovation and industry collaboration could unlock 10x growth in the UK later life lending market.
With over £3.7 trillion in untapped UK housing wealth, later life lending has huge growth potential. Drawing on insights from Finova's Equity Release Leadership Breakfast, this report explores how technology, innovation and industry collaboration could unlock 10x market growth.
What you'll learn
- Why housing wealth is becoming increasingly important to retirement planning
- The four key pillars needed to unlock 10x market growth
- How AI and automation could reduce costs, improve efficiency and accelerate lending
- Why greater collaboration between advisers, lenders and funders is essential
- How connected technology could help make later life lending more accessible and scalable
Why download this report?
Discover the opportunities and challenges shaping the future of later life lending, with insights from industry leaders and a practical blueprint for growth.
- The £3.7 trillion housing wealth opportunity among UK over-55s
- How simpler products and faster drawdowns could improve customer experiences
- The potential for AI to transform underwriting and lender operations
- Why institutional funding and integrated financial advice are critical to growth
- Finova's three-phase technology blueprint for a more connected lending ecosystem
Why it matters
With retirement funding pressures growing and consumer attitudes changing, housing wealth has an increasingly important role to play in financial planning. By removing operational barriers, embracing technology and connecting the wider ecosystem, the later life lending industry has an opportunity to deliver better customer outcomes and unlock significant market growth.
