The Exchange announced the launch of Fintal Exweb, a new equity release referral service which aims to reduce the risk and cost in the first stages of the equity release advisory process.
David Child, managing director of The Exchange says: The launch of this new service is based largely on market feedback from our adviser users. With the launch of Exweb Fintal, intermediaries will not only be able to research, quote and source equity release products but also look at more detailed information.
Gareth Morgan, managing director at Ferret Information Systems says Exweb Fintal not only identifies the potential impact of equity release products for advisers and their clients, but also highlights unclaimed benefits, such as pension credits. This is clearly a win-win for advisers.”
Roger Hillier, product development manager at Mortgage Express, says “The partnership between The Exchange and Ferret is excellent news for the intermediary and it comes at an opportune moment. It helps to widen the intermediaries’ options in providing a robust sales process for equity release advice.