Standard Life Home Finance has formed a new partnership with PRIMIS Mortgage Network, which will see it sit on PRIMIS’ equity release panel.
The partnership will strengthen PRIMIS’ later life proposition and support advisers who want to build their businesses within the equity release market.
As part of the deal, PRIMIS members will have access to Standard Life Home Finance’s suite of products, which cover a range of loan-to-values (LTVs) and include drawdown as well as lump-sum options.
In addition, Standard Life Home Finance will provide expertise and guidance on its product range to support advisers.
PRIMIS’ also has an existing relationship with Air Sourcing, part of Key Group, with members using the platform to service their clients’ later life needs.
Standard Life Home Finance head of sales Kay Westgarth says: “Our partnership with PRIMIS is another step in growing our later life lending offering and we’re pleased to be able to work with them to expand their panel offering and support their members in providing the most appropriate solutions for their clients’ individual needs.”
PRIMIS proposition director Vikki Jefferies adds: “As more people look towards later life lending to support their needs, partnering with Standard Life Home Finance will ensure that we can focus on providing advisers with the products and services that suit their clients’ requirements best.”
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