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Age Partnership to recruit 200 as equity release booms

  • 24/01/2018
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Age Partnership to recruit 200 as equity release booms
As the equity release market shoots past £3bn of lending, Leeds-based retirement broker Age Partnership has confirmed expansion plans in anticipation of continuing growth.

Age Partnership is to create 200 new jobs over 2018, following a 43% jump in staffing levels in 2017 – which took total numbers to over 500 full-time employees.

The new roles will cover a range of duties from administrative positions to equity release and standard mortgage advice – and will include Leeds-based roles as well as field-based and remote working positions.

Earlier this month, it was revealed that equity release lending in Q4 2017 amounted to a record breaking £838m, taking the annual total for the year to £3.06bn for the first time.

Meanwhile, Andrew Thirkill (pictured), executive chairman of Age Partnership, said that group turnover exceeded £50m for the first time.

Over 2017, Age Partnership also introduced new standard mortgage and wills services, branched out into funeral plans, savings and investments, and insurance, as well as advising on one in four of all equity release cases in the UK.

Thirkill commented: “Going into 2018, the equity release market is already at an all-time high, and with many major high street names now either considering, or having already entered the market, it will continue to thrive.”

On top of its staff expansion, Age Partnership will also add 18,000 square feet to its office in Leeds, taking the total office space to 35,000 square feet.

Thirkill continued: “Our plans for the wider Age Partnership Group anticipate yet more growth, and are being implemented with an eye firmly on the customer-centric approach that has serviced us so well over the years.”

“Our expansion plans are aimed at ensuring we continue to keep pace with market demand,” he added.

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