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Easier access to impaired life deals

Hodge Equity Release is speeding up access to impaired life equity release quotations for customers with ailing health.

Impaired life products are designed for clients with medical conditions that may reduce their life expectancy. With the UK’s ageing population, the equity release provider thinks a growing number of consumers will qualify for them in the future.

The service is free to brokers and is designed to reduce the time from application to quotation from the typical 28 days to 24 hours.

Jon King, managing director of Hodge, says: “This facility provides an opportunity for brokers to enhance benefits for clients who are in less than perfect health faster than ever before.”

Stuart Wilson, managing partner of Equity Release Club, says: “Many protection firms have moved in this direction in recent years and it’s good to see equity release companies do the same.”


Mosaic Club looks to expand panel

Following c2-financial’s withdrawal from the mortgage market, Mosaic Mortgage Club is looking to appoint additional packager partners to it’s panel. It is also entering talks with several lenders who are still active in the specialist mortgage market. Neil Williams, operations manager at Mosaic, says: “We now have an opportunity to give our members more options […]

Your Broker Network offers help to mortgage brokers

Following the recent closure of some packagers within the sub-prime market, secured loan packager Your Broker Network is opening its doors to mortgage brokers who are unable to place business.


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