By using this website, you agree to our use of cookies to enhance your experience.


Advise Wise launches mortgage club for later life market

Later life lending specialist Advise Wise has announced the launch of its mortgage club to complement its services for the later life lending market.

The move will allow Advise Wise to combine advanced product sourcing technology with all the advantages of a mortgage club and help advisers to handle their equity release cases.

The launch is in response to the increasing need for technology, which Advise Wise says is key in supporting advisers to facilitate their role in later life financial planning.


To join the mortgage club, advisers can create a free Advise Wise account, where they can access the sourcing platform and all the Club’s benefits.

A dedicated helpdesk is also available to support advisers with their case enquiries and members can refer to specialist solicitors for case completion.

Since its launch two months ago, the Advise Wise platform is nearing 500 registered users.

Additionally, the platform is working closely with major lenders to support independent advisers in the later life lending market. A UK financial services company, Just Group, played an important role as launch sponsor – helping bring the platform to the market.

Advise Wise has also reached agreement with Legal & General Home Finance, another leading provider, for its full range of lifetime mortgage products to be made available to club members.

Commenting on the mortgage club launch, chief executive officer of Advise Wise, Jonathan Thirkill, says: “Integrating the platform with the mortgage club ultimately translates into a great tool for the lifetime mortgage market, where advisers can easily manage their case enquiries and benefit from exclusive deals from lenders whilst they research the right plans for their clients.”

Nick Brown, head of proposition management at Just, says: “Advise Wise plays an important role in allowing independent advisers to access live rates from all equity release lenders in the market.”

“The Advise Wise Mortgage Club is an important next step – it allows advisers to find exactly the right plans for their clients whilst providing the advisers with additional tools and benefits.”

John Coffey, key account director for Legal & General Home Finance, adds: “We share a common understanding of the importance of making the right support available to advisers in this complex market, where the service a customer receives can be as important as the product solution they choose.”

“Working together, we are hopeful that we can facilitate holistic growth in the market, driving up demand for broad retirement advice based on equity release solutions, while also upskilling the members delivering these services to customers,” he concludes.


Please login to comment

MovePal MovePal MovePal
sign up