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Pure Retirement launches flexible pricing structure

Pure Retirement launches flexible pricing structure
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Pure Retirement brings in personalised postcode pricing

Pure Retirement is introducing personalised interest rates based on each equity release borrowers’ postcode, property type, age and loan amount. The lender is bringing in the new pricing model for its Classic lifetime mortgage range. Its Heritage and Sovereign product ranges will continue to offer rates based on age

Advise Wise launches customisable equity release fact find

Advise Wise launches customisable equity release fact find
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Advise Wise introduces additional underwriting questions

Advise Wise has introduced free optional underwriting questions to their platform to help users find the best products for their clients’ needs. The latest enhancement on Advise Wise platform consists of 20 additional questions that advisers can use to add more property details to their client’s case and to its product search. The new free feature is linked to the latest lender criteria and works on all lenders’ plans applying product filtering, resulting in a more ‘robust’ recommendation according to the platform. Users can access the questions when entering or editing their clients’ property details, by selecting the optional underwriting questions drop down section and adding the additional information requested.

Advise Wise launches webinar series with Equity Release Council

Advise Wise has launched a webinar series with the Equity Release Council. The initiative is open to all Advise Wise members, with the intention of providing them with a better understanding of the council’s recently launched ‘Advisers 24 points checklist’. In addition, the series offers the opportunity to ask questions directly to the council. The series consists of five weekly live sessions hosted from 4 February by Craig Faulkiner, head of distribution at Advise Wise. It will also feature the participation of Jane Hanlon, mortgage club manager at Advise Wise, Sue Read and Lorraine Cox, respectively risk, policy and compliance manager and business development manager at the Equity Release Council.

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