Managing director David Gillam said: “We are delighted that More 2 Life have chosen Spinnaka to manage their valuation process. We have worked with Paul and his team for some time now and are very pleased that More 2 Life has come back into the market at this time. We believe that this will be the first of a number of products that the More 2 Life team will bring to the equity release market over the coming months and are really encouraged to see the increasing significance of equity release both to our business and the industry at large.”
Paul Wilson, managing director at More 2 Life, commented: “We looked at a number of options for outsourcing this part of our process and in the end have chosen Spinnaka due to their energy and commitment to getting things right. There is a real can do philosophy running right through this business which makes them not only exciting and invigorating to work with but also ensures excellent service delivery. We are very much looking forward to growing our relationship with Spinnaka over the coming months and years.”
David Gillam believes that despite the reduction in available equity that many have suffered over the past couple of years equity release is an increasingly significant option for parents wishing to help their children onto the property ladder as well as providing a reasonable income for their own later years. “More and more people,” he said, “are changing from the traditional view of leaving a legacy to their children once they have passed away and moving towards a position which says, this is going to be yours anyway so I’d like you to have it now, when you need it, and see you enjoy it.”
