TMA Club has announced the addition of equity release lender, more2life, to its equity release panel.
Members of the club will have immediate access to the lender’s range of lifetime mortgages, including its recently launched Tailored Plus product.
Additional product highlights include fixed early repayment charges (ERCs); a range of LTVs with the maximum sitting at 56%; loans available from £10,000 to £1.85m with cashback options; a mixture of drawdown and lump sum facilities; downsizing and inheritance protection; access to more2life’s suit of online tools including its portal, fastpath, which provides advisers with a completely paperless application process from start to completion; and a simple underwriting process.
TMA development director Lisa Martin said: “As more of our members step into the equity release space, we are committed to providing them with access to the best lending solutions for their customers – which is exactly why we’ve decided to launch with more2life. With the flexibility and choice that comes with more2life’s range of products, more of our advisers can begin to reap the benefits that later life lending brings for them and their clients, allowing their business to prosper further.
“This is just one of many exciting changes that we are making to our equity release panel over the course of 2019, so keep your eyes peeled for more enhancements over the coming months.”
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