Mortgage technology provider Twenty7tec has announced an exclusive integration with later life lending platform Advise Wise.
The partnership follows the publication of new data by Twenty7tec, which reveals that around 15.4% of first-time buyers are now aged over 40. The number of those aged 51 and over purchasing their first home has increased by 80% over the past five years, climbing from 2.0% to 3.6%.
The integration will embed Advise Wise’s equity release sourcing technology directly into Twenty7tec’s existing sourcing platform, enabling advisers to access a wider array of later life lending options – including lifetime mortgages – without the need to switch systems.
The new functionality is available at no additional cost to current users of Twenty7tec’s mortgage sourcing tools.
Brokers using the platform will also be able to refer clients directly to Age Partnership and receive an average of £1,500 for every completed referral case.
The process is fully embedded within the Twenty7tec interface, removing the need for advisers to re-enter client details or use multiple systems.
Nathan Reilly, commercial director at Twenty7tec, described the move as a strategic step towards addressing the evolving needs of older borrowers.
“Later in life lending often comes with a unique set of challenges for both advisers and their clients,” he said.
“These range from non-standard properties and short leaseholds to income limitations and complex priorities such as inheritance planning or voluntary repayments, which can be time-consuming to research.
“In many situations, traditional sourcing systems do not surface the right solutions, making it harder for brokers to offer timely, tailored advice. That is exactly where this partnership adds real value. By embedding Advise Wise’s specialist sourcing into our sourcing engine, we are equipping advisers with faster access to later life products that are often harder to find.
“These include lifetime mortgages with inheritance protection, flexible repayment features, or enhanced terms based on health. For clients needing more tailored advice, the built-in referral route to Age Partnership ensures no opportunity is missed. It creates a smarter, more joined-up experience for advisers and a better outcome for their clients.”
Jonathan Thirkill, founder of Advise Wise and managing director at Age Partnership, said the partnership marks a major step in efforts to mainstream later life lending.
“By embedding Advise Wise’s powerful equity release sourcing results directly into Twenty7tec’s platform, we’re making it easier for advisers to engage clients over 55 and deliver truly holistic advice,” he said.
“For clients who need specialist support, advisers can seamlessly refer them to Age Partnership directly from within Twenty7tec, without needing to re-key any customer details.
“We believe this integration will encourage more advisers to consider lifetime mortgages as part of the advice process, ultimately leading to better outcomes for later life borrowers.”
Jim Boyd, chief executive of the Equity Release Council, welcomed the development as a significant milestone in the evolution of the later life lending market.
“By integrating lifetime mortgages into standard residential mortgage sourcing, it aligns with the industry’s focus on breaking down barriers, supporting holistic advice, and ensuring consumers can consider all their options,” he said.
“This is a progressive and consumer-focused development that promotes best practice across the sector.”
