The Envelop Network has introduced a later life lending panel which includes 10 providers.
The introduction of this lending panel will provide new and existing appointed representatives (ARs) of the Envelop Network – who have the relevant qualifications in place – with access to a range of later life products and services.
Lenders currently on the Envelop Network later life lending panel include more2life, Standard Life, LV, L&G, Canada Life, Aviva, OneFamily, Pure Retirement, LiveMore and Just Retirement. The panel is under constant review, with further additions in the pipeline.
Originally launched in February 2021 as the F4B Network, it was renamed the Envelop Network in September 2022 as part of an extensive rebrand by parent company Envelop (formerly First 4 Bridging).
The number of ARs affiliated with the Envelop Network has grown steadily since its inception and culminated in a surge of sign-ups over the summer of 2022 to hit the significant milestone of 100 ARs. This has since grown to over 120 ARs across the UK.
The Envelop Network continues to assemble a lending panel consisting of mainstream, buy-to-let, specialist, short-term finance lenders and now later life lending providers. It also offers access to a range of protection and GI providers, full compliance support and a technology package consisting of features such as remote file checking, CRM system, research tools and a PI insurance package.
Steve Swyny (pictured), commercial director at the Envelop Network, said: “The introduction of our later life lending panel has been driven by ARs who are experiencing a growth in the number of enquires for this type of business and who have the expertise and appetite to expand this specialist arm of their business.
“Product flexibility and stringent safeguards mean later life lending options are one of the most secure and adaptable ways for people to access the money tied up in their home without giving up ownership or risking repossession through fixed repayment commitments.
“As a business, we are constantly evaluating ways in which we can offer greater levels of support and easy access to an array of solutions to help our ARs better service ever-evolving client requirements. And this is something we will continue to work on in 2023 and beyond.”
