Network manager Bob Hope, said: “Whilst the demand is still relatively small for equity release business, it is starting to pick up and we have AR’s who specialise in this area alone. As with all of our panel providers, I want to ensure that we have the best of breed providers available hence the addition of New Life. They offer a range of products that will enable brokers to help their clients to take advantage of their later life and I am confident that appetites will be more than whetted in 2007.”
New Life’s sales and marketing director, Peter Turley, commented: “We are pleased to welcome BDS Mortgage Group to our panel of registered introducers. Having firmly established ourselves as one of the top providers in the Lifetime Mortgage arena with our market-leading LTVs, a helpline where introducers can speak to “real” people and a service where we guarantee to issue an offer within 48 hours of receipt of a fully packaged case (in practice this has proven to be within 24 hours) we are keen to extend the principle of interest-roll up for the over 60s into other areas. The Buy 2 let market is a natural progression and we very much look forward to receiving both lifetime mortgage and landlord / holiday home loan applications from your ARs.
