The equity release lender has introduced the tools following feedback from advisers which had asked for improved integration of loan to value (LTV) and repayment tools to allow for flexibility.
The website has been updated, including an improved Learning Lab, easy access to product information, adviser tool and news and research.
The lender’s local intelligence tool has been refreshed to include up-to-date figures and changes to the maximum LTV calculator so maximum and minimum LTV can be seen along with maximum release available across each product.
Les Pick, director of manufacturing and adviser proposition at More2life, said: “At More2life, we are committed to listening to advisers and trying to find the best way to support them as they help their clients.
“Following feedback that better LTV and repayment calculators would be a useful discussion tool to help them navigate the current complex market, we’re delighted to launch our new online toolset.”
He continued: “At a time when clients may be more anxious around their financial options, we hope that being able to provide simple, clear data on the benefits and costs of equity release will enable advisers to best explain the options available.
“Equity release is a powerful tool for many over-55s to augment their income or provide financial support to families or friends, and we want to make it as accessible and transparent as possible as the cost of living continues to rise.”
