Advise Wise launches Mortgage Club, enhancing its platform proposition

5 February 2020

Advise Wise is pleased to announce the launch of the Mortgage Club, complementing the services of the innovative platform for the later life lending market.

With this new addition, Advise Wise now combines advanced product sourcing technology with all the advantages of a Mortgage Club, providing advisers with a comprehensive platform to handle their equity release cases.

The launch of the Advise Wise Mortgage Club and its integration into the platform is in response to the increasing need for technology that is helping drive the market forward. It’s also key in supporting advisers with innovative tools to facilitate their role in the later life financial planning.

Advisers can join the Mortgage Club by creating a free Advise Wise account that is giving them access to the sourcing platform and to all the Club’s benefits. A dedicated helpdesk is also available to support advisors with their case enquiries and members can refer to specialist solicitors for case completion. Within just a couple of months since its launch, Advise Wise platform is nearing 500 registered users.

Advise Wise is working closely with major lenders to support independent advisers in the later life lending market. Just played an important role as launch sponsor, helping bring the platform to the market.

As a sign of its intent to offer members market leading product solutions and support services, Advise Wise has reached agreement with Legal & General Home Finance, one of the country’s leading providers, for its full range of lifetime mortgage products to be made available to Club members.

Nick Brown, Head of Proposition Management at Just, commented:

“We were delighted to sponsor the launch of Advise Wise, which has already attracted nearly 500 registered users. Advise Wise plays an important role in allowing independent advisers to access live rates from all equity release lenders in the market. The Advise Wise Mortgage Club is an important next step – it allows advisers to find exactly the right plans for their clients whilst providing the advisers with additional tools and benefits.”

Commenting on Advise Wise Mortgage Club launch, CEO Jonahan Thirkill said: “We’ve been working very hard to build a comprehensive platform, to support advisers with the product sourcing process. Advise Wise is a powerful sourcing system, but also easy to use and completely free.”

“Integrating the Advise Wise platform with the Mortgage Club ultimately translates into a great tool for the lifetime mortgage market, where advisers can easily manage their case enquiries and benefit from exclusive deals from lenders whilst they research the right plans for their clients.”

John Coffey, Key Account Director for Legal & General Home Finance said; “The launch of the Advise Wise Mortgage Club when combined with the Advise Wise platform marks a positive development. We share a common understanding of the importance of making the right support available to advisers in this complex market, where the service a customer receives can be as important as the product solution they choose. Working together, we are hopeful that we can facilitate holistic growth in the market, driving up demand for broad retirement advice based on Equity Release solutions, while also upskilling the members delivering these services to customers.”