The new service allows advisers to access and obtain quotes free of charge from a panel of equity release providers. As a result of the new initiative, advisers no longer have to contact individual product providers directly making the application process smoother and saving them time as a direct result.
Through this new service, advisers will have access to products from eleven equity release product providers with more set to join in the coming weeks. Amongst those who have already signed up to the service are LV=, Norwich Union, Retirement Plus and Prudential.