Working in partnership to help your clients achieve their financial goal
- Exclusive deals
- Enhanced commission
- Nationwide coverage
Why refer to us?
Why refer Equity Release to the Later Life Advice Centre?
The Equity Release Market is booming, working in Partnership with Later Life Advice Centre will provide you with the ability to access this lucrative market without the compliance responsibility or the need to take further qualifications.
We are so confident with the level of service we provide to both our partners and your clients that once you have tried us you will continue to do so.
So confident in-fact that we are willing to pay market leading introducer fees. For those introducing more than one a month we will create a bespoke deal to suit you based on volume.
Exclusive deals
Dedicated case handler
No compliance risk
Nationwide coverage
£1,890
Average commission
Record commission payout: £16,000
Your clients can enjoy financial freedom by releasing the value in their home
The Later Life Advice Centre offer advice on helping people release money from their homes, so we have a great deal of knowledge and experience with this form of lending.
Our decades of experience in providing the best customer outcomes for our clients means you can be totally confident your clients are in safe hands from the moment you refer their details.
We offer a nationwide service, catering to homeowners throughout the UK.
We are genuinely committed to providing individual retirement solutions to meet your client’s needs, aspirations and circumstances and always strive to exceed their expectations. Our aim is to become the natural choice for those seeking financial security for their clients in or close to retirement.
Flexible appointment options to suit your client
We have advisers across the country so we are able to conduct face-to-face meetings with your client in the comfort of their own home, or alternatively we have invested in the latest video conferencing technology so we can conduct the appointment via video call or over the telephone, whichever your client prefers. You are welcome to attend all appointments.
Register to download our partnerships brochure and be kept up to date with regular Equity Release news:
We also have available a Marketing Toolbox to help you communicate your Equity Release proposition to your clients.
You could be receiving your first commission cheque very soon!
Scale of opportunities
Now is the time to engage with clients close to retirement
The over 65’s have in excess of £2 trillion worth of equity tied up in their homes. The equity release market continues to offer significant opportunity as the population ages and interest-only mortgage debt rises.
Referral calculator
Find out how much money your client could release
And see the estimated commission you could receive.
Your illustrative result
£—
These figures are only illustrative. All mortgages are subject to the applicant(s) meeting the eligibility of the specific lender. An assessment of needs will be confirmed before a recommendation can be made.
01257 226678Are your clients right for equity release?
The Equity Release Market is booming, and is now the fastest-growing mortgage sector. Working in partnership with Later Life Advice Centre provides access without the compliance responsibility or the need to take further qualifications.
How to identify a potential Equity Release client
- A UK homeowner
- They are over 55 years of age
- They have objectives that cannot be met with their own savings
Reasons to work with Later Life Advice Centre
- Share of already enhanced commission.
- We provide face-to-face advice which you are welcome to attend.
- Later Life Advice Centre No Cross Selling Guarantee.
- Dedicated case handler for your client who will also provide you with real time updates.
- Access to exclusive offers that could save your client thousands.
- No compliance risk to you — we take all the responsibility.
- Nationwide coverage, specialist advisers based throughout the UK.
- Always putting our customers first.
Whilst there are no restrictions on what the funds released can be used for, typical clients are likely to be considering one or more of the following:
- 1.Settling outstanding debt
- 2.Home improvements
- 3.Repaying an existing mortgage
- 4.Helping or treating their family
- 5.A new car, caravan or holiday home
Later Life Advice Centre most common reasons for using Equity Release
The Interest Only Mortgage…
… A ticking time-bomb!
- Fewer than 1 million interest-only and part interest-only mortgages remain outstanding across the UK — halved since 2015.
- The largest numbers fall due for repayment in 2031 and 2032, so borrowers without a plan still have time to act.
- While 82% of borrowers are confident they can repay the capital, the FCA estimates the true shortfall rate could be closer to 46%.
In the FCA’s latest analysis of interest-only mortgages, the number of outstanding loans has halved since 2015 — but the regulator warns that many borrowers are being overly optimistic about repaying the capital when their mortgage matures. An estimated 46% of borrowers could still face a shortfall when their repayment is due, and lenders continue to step up warnings to homeowners to prevent payment shocks.
“Whilst it is encouraging to see the number of interest-only mortgages reducing faster than expected, with the majority of loans being paid off or transferred to other products, the challenge remains for a significant number of borrowers.”
Could Equity Release be a solution for your clients?
Guarantees and Safeguards
We only use providers who are members of Equity Release Council.
All members of the Council provide these essential guarantees to all our customers
- 1.Remain in their property for life.
- 2.Clear and simple presentation of products.
- 3.Right to move without financial penalty.
- 4.Legal work completed by client’s solicitor.
- 5.ERC certificate showing the terms and conditions and impact of ER on their estate.
- 6.No negative equity guarantee (terms and conditions available on request)
Equity Release Council Guarantee
No Monthly Repayments
No Negative Equity Guarantee
Retain 100% Home Ownership*
* Retain 100% home ownership with a lifetime mortgage, does not apply to home reversion plans.
Working with UK’s leading Equity Release providers:
You could be receiving your first commission cheque very soon
Get in touch today and benefit from this great opportunity.
Call 01257 226678