New equity release lender to launch in H2

clock

Retirement advice firm Age Partnership is set to launch an equity release lending arm later this year.

The firm is waiting for lending permissions but expects to launch a lifetime mortgage product in the second half of 2013. The product will be offered on a national basis. Age Partnership's technical adviser - equity release, Simon Chalk said: "Backed by its plans to reach 200 staff, of which 70 are advisers by June, Age aims to be the most important at retirement adviser in the market." The firm is also set to offer wills and power of attorney services after recruiting a solicitor across from Irwin Mitchell. Well-known media commentator Simon Chalk joined the telephone-based sales ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Equity release

Later life lending products – a greater consideration post-Budget?

Later life lending products – a greater consideration post-Budget?

Range of lifetime mortgages available has broadened beyond the traditional

Sanjay Gadhia
clock 15 October 2024 • 5 min read
Royal London acquires later life lender Responsible Group

Royal London acquires later life lender Responsible Group

Mutual purchases remaining stake in later life lending group

Jenna Brown
clock 23 November 2023 • 1 min read
Equity release activity up 26% year-on year

Equity release activity up 26% year-on year

‘Continued return to pre-pandemic market growth’

Julia Bahr
clock 02 August 2022 • 4 min read