Horizon Plus
Financial Services - London, England, United Kingdom
Horizon Plus Employees
Horizon Plus Details
The Horizon Plus Fund Fund takes advantage of changes introduced by the UK regulator (FCA) and the launch of standard primary residence mortgage products for customers over the age of 55. The demand for retirement lending products is expected to increase and drive penetration as more retirees need additional sources of income to pay for their health and lifestyle choices, especially given shrinking pension pots in the wake of dwindling membership of defined benefit schemes and low yields on their savings.The UK retirement mortgage market has increased rapidly, particularly over the past five years ago. There is currently £2.5trillion in untapped equity in the over 55's customer sectors.Seventy-five percent of homeowner households over 65 years are likely to need additional capital in retirement. High inheritance tax, encourages home owners to release equity in order transfer wealth tax free. "Bank of Mum & Dad" is the UK's 6th largest lender, with £6.3bn lent in 2019 to help offspring, often for property.
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