Responsible Equity Release has been added to SmartrRefer, Legal & General Mortgage Club’s approved specialist distribution panel.

After a selection process, L&G has appointed Responsible Equity Release as one of its chosen referral partners for Mortgage Club members.

The new SmartrRefer allows L&G Mortgage Club members to refer equity release cases to a select group. With Responsible Equity Release, members are given up to date and educated advice, access to competitive conversion rates, zero-indemnity risk guarantee, face-to-face service for all enquiries and applications and marketing support to leverage the opportunity to drive leads.

Steve Wilkie, managing director of Responsible Equity Release, said: “At Responsible Equity Release we are committed to getting the right outcome for our customers and are proud of our customer service record. If our products aren’t right for our customers, we’ll tell them.

“In an economic climate where the most significant wealth one is likely to have is tied up in the bricks-and-mortar of their home, we are finding that it is increasingly playing a part in over-55s retirement plans.

“However, many advisers are not qualified to advise on equity release. Even if they are qualified, they might not feel comfortable with the rate of change of the products if it’s not an everyday offering.

“Where an adviser may feel that equity release could be beneficial to their client, but can’t or don’t want to advise them on it, they can refer the client to us. We will be with that client every step of the way, ensuring that not only are they receiving the best advice possible, but the advisers are enjoying the peace of mind that their clients are safe and protected. We take all the advice risk and reward the adviser for their referral. I believe this is why L&G have chosen us for their SmartrRefer panel.”