Lifetime mortgages selling well at Prudential

Prudential have reported strong sales on their range of Lifetime mortgages, with increased profits for the first quarter of 2008.

The group offer lifetime mortgages to consumers between the ages of 55 and 84 and has received strong recognition for the flexibility and options their deals offer.

Keith Haggart, Director of the Lifetime Mortgage group for Prudential commented, "We are predicting continued solid growth in the Lifetime Mortgage market this year. No negative equity guarantees, and fixed interest rates for the lifetime of the loan, means that there has never been a better time for customers to consider a Lifetime Mortgage."