New mortgage club for later life lending launches

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Later life lending specialist Advise Wise has launched a mortgage club.

With the move, Advise Wise is now providing advisers with a platform to handle their equity release cases.

Advisers can join the mortgage club by creating a free Advise Wise account that is giving them access to the sourcing platform and to all the Club’s benefits. A dedicated helpdesk is also available to support advisoes with their case enquiries and members can refer to specialist solicitors for case completion.

Within a couple of months since its launch, Advise Wise platform is nearing 500 registered users.

Advise Wise says it is working closely with major lenders to support independent advisers in the later life lending market.

It has also reached agreement with Legal & General Home Finance, for its full range of lifetime mortgage products to be made available to Club members.

Nick Brown, head of proposition management at Just, said: “We were delighted to sponsor the launch of Advise Wise, which has already attracted nearly 500 registered users. Advise Wise plays an important role in allowing independent advisers to access live rates from all equity release lenders in the market.

“The Advise Wise Mortgage Club is an important next step – it allows advisers to find exactly the right plans for their clients whilst providing the advisers with additional tools and benefits.”

Advise Wise CEO, Jonahan Thirkill (pictured), said: “We’ve been working very hard to build a comprehensive platform, to support advisers with the product sourcing process. Advise Wise is a powerful sourcing system, but also easy to use and completely free.

“Integrating the Advise Wise platform with the Mortgage Club ultimately translates into a great tool for the lifetime mortgage market, where advisers can easily manage their case enquiries and benefit from exclusive deals from lenders whilst they research the right plans for their clients.”

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