Rest Less launches mortgage advice service for the over 50 community

Rest Less, a digital community for people in their 50s, 60s and beyond, has launched a mortgage advice branch.

Rest Less Mortgages is led by advisor Teddy Cenaj, who previously worked at L&C and Habito.

He will be supported by capital release specialist Tony Tobin to offer free advice on mortgages, including buy-to-let, retirement interest only mortgages and capital release.

The community offers its members flexible working, learning and volunteering opportunities.

And over the past three years since its launch, the company has expanded its financial services offering with the inclusion of a money section.

Stuart Lewis, Managing Director of Rest Less (Photo)said: Quarantine is an important time of transition for people, whether in terms of work, relationships or finances. There are important home ownership decisions to be made, but navigating the full range of senior loan options can be tricky 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 a few -some of the requests we receive from our members. regularly.

“We are delighted to announce the launch of Rest Less Mortgages to help meet the complex needs of our members and provide them with quality and reliable free advice across the market.”

Teddy Cenaj added:Often, customers come to us with complex needs or a specific problem to solve. Being able to offer free advice on the full range of loan options available later in life – from standard mortgages to retirement interest only mortgages to capital release – puts us in a strong position to be able to provide the best advice to our members.

“Rest Less Mortgages offers clients in their 50s and 60s tailored advice to meet their specific needs as they navigate the many transitions that come with being in their 50s and the implications on their real estate ownership.”