The new service – Equity Release Partners – after Founder, Mark Gregory, identified a fresh approach for intermediary firms keen to introduce clients to an equity release specialist.
Gregory said: “We have established Equity Release Partners as I felt businesses deserved a more responsive partner to handle their existing equity release enquiries or build their own equity release proposition.”
A reporting link up allows advisers to monitor case progress through online case tracking.
Gary Webster, head of partnerships (pictured) said: “Becoming an Equity Release Partner not only provides businesses with a highly profitable new revenue stream of on average £1,200 per completion, but we will actively work with firms to maximise the customer experience for their business. We are replicating a number of online tools and offline services that we have used very successfully in the consumer space to share with the broker community and their clients.”
Jon Tweed, sales director at Hodge Lifetime said: “More and more customers are looking to borrow into retirement for a variety of reasons. It is great to see a process whereby advisers can refer their customers with confidence to a specialist such as Equity Release Supermarket who is able to consider all the Lifetime Mortgage and Retirement Mortgage options available.”