Its ARs gain access to a range of later life products and services
Specialist distributor The Envelop Network has launched a later life lending panel, which will provide its appointed representatives (ARs) access to a range of later life products and services.
The lending panel includes providers such as more2life, Standard Life, LV, L&G, Canada Life, Aviva, OneFamily, Pure Retirement, LiveMore and Just Retirement.
The Envelop Network said the panel is under constant review, with further additions in the pipeline as it seeks to assemble a wide-ranging lending panel consisting of mainstream, buy-to-let, specialist, short-term finance lenders, and now later life lending providers.
Originally launched in February 2021 as the F4B Network, the distributor was renamed The Envelop Network in September 2022 as part of an extensive rebrand by parent company Envelop – formerly First 4 Bridging.
The number of ARs affiliated with The Envelop Network has grown steadily since its inception and culminated in a surge of sign-ups over the summer of 2022 to hit the 100 ARs milestone. This has since grown to over 120 ARs across the UK.
The Envelop Network now also offers access to an array of protection and GI providers, full compliance support, and a tech package consisting of features such as remote file checking, a CRM system, research tools and a comprehensive PI insurance package.
“The introduction of our later life lending panel has been driven by ARs who are experiencing a growth in the number of enquiries for this type of business and who have the expertise and appetite to expand this specialist arm of their business,” Steve Swyny (pictured), commercial director at The Envelop Network, said.
“Product flexibility and stringent safeguards mean later life lending options are one of the most secure and adaptable ways for people to access the money tied up in their home without giving up ownership or risking repossession through fixed repayment commitments.”
Swyny added that the business is constantly evaluating ways to offer greater levels of support and easy access to products to its ARs for them to better respond to the clients’ ever-evolving requirements.
