MCI Mortgage Club has announced the appointment of OneFamily to its lender panel, extending its range of products to include lifetime mortgages.
The club suggested its latest partnership was a result of its desire to reinforce the club’s later life proposition for members, with the market continuing to demonstrate “value and opportunity” for advisers.
MCI Club’s growing panel is backed by an improved technology proposition which includes the Burrow online digital broker platform, anti-money-laundering (AML) and credit reports within the eKeeper CRM system, as well as extensive sourcing options.
Head of MCI Club, Phil Whitehouse, said: “Adding OneFamily to our panel of lenders is a great addition for our increasing database of UK mortgage intermediaries. As borrowers’ circumstances get more complex, the range of lifetime mortgages available from OneFamily will be very popular with our members.
“In particular, their ability to judge each case on its merits, and for intermediaries to speak directly to the underwriters, will be a welcome change in this market so that more customer needs can be satisfied.”
OneFamily head of distribution, Chris Brown, added: “We are delighted to have been added to MCI Club’s Later Life panel and to have the opportunity work with its members who are providing lending solutions for their clients.
“As the third biggest friendly society in the UK, based on membership, and over 40 years’ experience of being a trusted provider of financial solutions for every key milestone, we see genuine value working with MCI Club members.”
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