The network is offering enhanced terms on the majority of providers including increased proc fees and exclusive product design. Brokers can also access product comparison tables and greater equity release compliance support, said Tenet.

Gemma Harle, managing director, said: “Over recent months, we have seen increased interest in equity release and it is clear that client firms are looking for a safe and robust framework within which to operate whilst at the same time having access to a comprehensive range of market leading products.”

She continued saying equity release demand can only increase to sustain the aging population in the UK.

“We are looking to develop our offering and are talking a long-term view. The message is there is no room for dabblers in this market, but the advisers doing volume business need to be supported. This is an exercise in forward planning and advisers need to understand what’s out there,” said Harle.