Pure Retirement has launched a new guide aimed at improving adviser knowledge of the lifetime mortgage process and supporting better consumer outcomes.
The publication, entitled “A Connected Lifetime Mortgage Journey: A guide to underlying processes and delivering best outcomes,” brings together insights from key industry figures and provides an in-depth look at each stage of the application journey.
The guide is designed to help advisers better understand the underlying processes of lifetime mortgages, enabling them to have more informed discussions with clients and manage expectations more effectively. It includes contributions from industry specialists covering underwriting, valuations, conveyancing, and legal considerations.
The guide features articles from:
- Gavin Hancock, Pure Retirement: Effective information gathering for a streamlined application
- Andrew Peters, Countrywide Surveying Services: A guide to the valuation process
- David Burns, Enact Conveyancing: A lender’s solicitor’s perspective on equity release
- Carol Nuttall, Adlington Law Limited: A borrower’s solicitor’s perspective on equity release
- Richard Espley, Lifetime Legal: Managing duress – the lawyer’s role
Scott Burman (pictured), head of distribution at Pure Retirement, said: “Information is the bedrock of delivering for consumers, and we’re pleased to be offering this new resource that drills down into the role of each major stakeholder in the lifetime mortgage process.
“To be able to bring together such a wealth of industry expertise and knowledge into a single resource is something we’re really proud of, and we’re exceptionally grateful to each of our contributors for their involvement.
“We hope that the report resonates with the adviser community and has a positive effect on the later life lending space at a time when we’re seeing clear upticks in activity compared to recent years.”
