Phoenix acquires £300m equity release portfolio

Portfolio of equity release mortgages purchased from Just Retirement

Holly Roach
clock • 1 min read
The deal secures the long-term retirement plans put in place by homeowners
Image:

The deal secures the long-term retirement plans put in place by homeowners

Phoenix Group has acquired a £300m portfolio of equity release mortgages, strengthening its position among the largest equity release funders.

The group purchased the portfolio from Just Retirement - part of financial services firm Just Group - securing the long-term retirement plans put in place by homeowners. The portfolio consists o...

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