Changelog Advise Wise Platform Updates

We’ve introduced the ability to record your client’s case status on the Advise Wise Platform. This will also enable you to categorise your cases into categories based on the progress of the case: Enquiry, Fact Find, Application and so on. You can update the case status from the drop down menu we’ve added inside the case itself, at the bottom of the case checklist. Plus you can check each case status from the case list in “My Cases” section.

We’ve introduced the Rate Guarantee product filter on the product search, allowing you to view those plans where the lender will guarantee the rate for a certain period of time.

We’ve introduced the Self-Serve Portal filter, enabling you to view plans with a customer self-serve portal where the client can see their balance, documents, make payments online and much more.

We’ve introduced an integrated state benefit calculator on your client’s case page, completely free to use, that you can run individually or as part of the fact find.

See how easy it is to use it. Once you get the benefits data, you have the option to email the results and download the pdf, which is also saved automatically on the client’s case.

We’ve added a new feature to the Advise Wise Platform, allowing you to easily upload any documents to your client’s case, in just a click! You can upload the most common file types, including PDF, Word, Excel, scanned images etc… This way you’ll have all your case’s documents together on your Advise Wise account.

We’ve introduced a Flood risk report to the client’s property details. You can now download a PDF report for properties in England in just a click, directly from the client’s case on your account.

We’ve added the Expected Term calculator to our platform! You can now calculate the life expectancy % for your clients in just a click. The new calculator is accessible from the Calculators secion on the Advise Wise Resources page.

We’ve introduced the NEW summary table to our website, with a handy recap of all rate changes and their submission deadlines.

We’ve introduced:

• a specialist solicitor direct instruction feature to our platform. You can now instruct a solicitor directly from your case, without rekeying any information.
• a brand new legal hub, to collect all solicitors' document and resources in one single place.

We’ve introduced our new:

• Max release calculator, allowing you to quickly see the maximum your client can release, before proceeding with a Quick Quote and product sourcing.
• Calculators section to the Platform, with all the calculators we’ve released so far.

We’ve introduced the price per pound feature to your product search, allowing you to easily see which plan has the best value for money for the customer.

This innovative feature illustrates the true cost to the client, for every pound received, after deducting the associated setup costs, based on the estimated term of the lifetime mortgage.

We’ve introduced the market’s first product comparison table, allowing you to select and compare plans side by side. This will make it even easier to find the right product for your client’s needs.

We’ve launched the market's first Desktop App.

Access your Advise Wise account in just a click and enjoy all the powerful features in the Advise Wise Platform, directly from your desktop.

We’ve introduced our brand new dynamic Fact Find template, fully customisable and integrated with your case data.

Designed with the Equity Release Council checklist and guidance in mind, it will help you gather all the relevant information to review your client’s circumstances and provide expert advice.

We’ve added 20 additional underwriting questions to the platform, to tailor your product search to your client’s property.

You can now add optional property criteria to your cases and we’ll automatically filter out unsuitable products from your search results.

We’ve added a new dedicated resources section to our platform, with a wider collection of content. All available for free inside Advise Wise.

We’ve released a webinar series in collaboration with the ERC on the adviser checklist.

Following the release of the ‘24 point adviser checklist’ by the Equity Release Council, we’re offering our members the opportunity to gain a better understanding of the document and ask questions directly to the Council.

We’ve improved your product search, with the option to add fees to your product search. You can now enter:

• your advice fee
• solicitor fees
• how your client wants to pay for them.

We will then calculate the net loan amount, net fees including cashback and show an interest roll-up table to understand the impact of fees on the estate.

We’ve extended Instant KFIs for all Just plans. You can now request a KFI for Just plans in less than a minute directly on the Advise Wise Platform.

We’ve introduced Google Map & Street View in the property info on your case to make it simpler to advice remotely. You can now quickly and easily view your client’s proximity to commercial buildings and inspect their property’s construction type, roof and inclusion of solar panels.

We’ve introduced Ask Jane legal month.

We’ve launched the Advise Wise Plus membership, a new and exclusive membership for select later life advisers, securing them uplifted commissions, exclusive products, dedicated industry events and exclusive Upskill content. Selected advisers will be automatically be enrolled in the new membership.

We’ve added some new and improved filters on the Advise Wise Platform, to make your product sourcing even easier.

With these new filters, you can limit your whole of market product results:

• By the value of the cashback available
• The percentage of optional repayments the client can make
• If there isn’t a requirement to make payments

Plus, you can now view product details when using Quick Quote and we’ve added an optional lender notes field when requesting an automated KFI.

We’ve launched Ask Jane series. In this series, our industry expert and Mortgage Club Manager Jane Hanlon, will answer your questions about the market, products, criteria and case studies.

We’ve introduced Instant KFIs function for all Pure Retirement plans. This means you can get a KFI in just a few seconds through the Advise Wise Platform.

Our most reqeusted feature is now live. We’ve launched our Quick Quote tool, allowing you to easily and quickly view available products from across the whole of market in just three clicks.

We’ve launched the Advise Wise Specialist Solicitors panel, to make it easier for you to refer to specialist solicitors for your case completion.

We’ve launched the Advise Wise Mortgage Club, to complement your product sourcing and support you with your cases