More2life has expanded its lifetime mortgage offering with the integration of the Horizon and Horizon Interest Reward range, previously provided by Standard Life Home Finance.
The later life lender confirmed that from 8 December all Horizon and Horizon Interest Reward applications will be submitted and managed directly through more2life, with product features remaining unchanged.
The move brings the fee-free and fee-paid Horizon plans into the lender’s existing suite, alongside Flexi, Flexi Interest Reward, Maxi, Maxi Zero ERC, Tailored and Omni, with further additions expected in the coming weeks.
PRODUCT INTEGRATION
The Horizon range includes lifetime mortgages with 5, 10 and 15-year repayment periods for borrowers able to commit to regular interest payments. By taking over management of these products, more2life aims to offer advisers a broader selection of later life lending options without disrupting existing cases or workflows.
The firm said advisers would soon receive guidance on using Horizon products via Fastpath and sourcing systems, as well as details on where to find supporting materials during the transition.
MARKET POSITIONING
Dave Harris (pictured), chief executive at more2life, said: “More2life is committed to the later life lending sector for the long-term, and this integration of Horizon and Horizon Interest Reward reaffirms that commitment, as well as our position as market leaders.
“Bringing Horizon into our product suite family will provide advisers with even more choice from more2life, meaning more ways to support their older homeowner clients in achieving their goals, and more solutions for the unique circumstances and scenarios advisers are faced with.
“More2life is built around helping advisers succeed, with smart processes, dedicated support and tools which make the job easier. We will continue to invest significantly to support advisers, and help their clients access the solutions to ensure they make more of their later life.”
The lender said its focus remains on developing products that address the evolving needs of older borrowers at a time when advisers are seeking more flexibility and choice in managing clients’ later life plans.
