Rest Less, a digital membership community for people in their 50s and beyond, has announced the launch of its Rest Less Mortgages business.
Rest Less launched in early 2019 as the UK’s first membership community to offer its members flexible work, learning and volunteering opportunities. Over the past three years, it has expanded its services for members, including a Money section. In just over three years, it has grown its membership base to almost one million members in the UK with an average age in their mid to late 50s.
Rest Less Mortgages will offer customers fee-free mortgage advice across all its products, including buy-to-let, retirement interest-only mortgages and equity release.
It is is headed by experienced mortgage adviser Teddy Cenaj, previously at L&C and Habito. Cenaj is supported by equity release specialist Tony Tobin.
Stuart Lewis (pictured), chief executive of Rest Less, said: “We launched Rest Less three years ago with a mission to help our members live their lives to the fullest.
“Midlife is a time of significant transition for people, whether in terms of work, relationships or their finances. There are major property decisions to be made however navigating the full suite of later life lending options can be difficult and it’s hard to know where to turn for advice.
“Should we downsize, how do we pay off existing interest-only mortgages, what should we do about inheritance tax on our property, should we help our children buy their first home – these are just some of the enquiries we are getting from our members on a regular basis.
“We are delighted to announce the launch of Rest Less Mortgages to help meet the complex needs of our members and to provide them with quality, reliable fee-free advice across the whole of the market.”
Cenaj added: “Often customers come to us with complex needs or a specific problem to solve. Being able to offer fee-free advice across the entire suite of lending options available in later life – from standard mortgages to Retirement Interest Only mortgages to equity release – puts us in a strong place to be able to provide the best advice for our members.
“Rest Less Mortgages offers customers in their 50s and 60s bespoke advice to address their specific needs as they navigate the many transitions that come with midlife and the implications on their property ownership.”