Later life lending platform, Air, has announced the launch of a new partnership with mortgage and insurance network, Stonebridge.

Under the agreement, Stonebridge adviser members with the relevant qualifications can access Air’s later life lending sourcing tool, Air Sourcing, and gain access to Air Club which provides members with exclusive products, support, enhanced income, and deals.

As Stonebridge looks to support its appointed representatives’ (ARs) in building their later life lending advice expertise, firms and individual advisers can also benefit from the accredited training opportunities offered by the Air Academy.

The firm’s academy offers a range of modules which are accredited by the London Institute of Banking and Finance and aligned to the Equity Release Council’s competency framework.

Stonebridge chief executive, Rob Clifford, said: “The need for later life lending advice is growing year-on-year and more advisers within our AR firms are either working in this space already, or looking at the ways and means by which they can add this to their toolkits.

“Advice in this space is vital and to deliver it requires a specific skillset and knowledge base; we have been committed to this sector for many years but see value in this deal with a specialist provider partner, as we know it will provide a range of additional services to our ARs including sourcing, products, training, and educational support.

“Air has all this and more, and through this new partnership we’ll ensure those advisers active in later life lending within the network have access to everything they need to provide the right outcomes for their clients.”

Managing director of Air Club, Mike Taylor, added: “Stonebridge is a leader in the UK mortgage market and is committed to helping their adviser firms boost their skill sets and support as many customers as possible with good outcomes.

“We are therefore delighted to have signed a deal which will provide their teams with access to Air Sourcing, Air Club and Air Academy. Each of these unique offerings are designed to provide top quality support to users – something which is paramount in the current rapidly changing market.”

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