The MCI Mortgage Club has partnered with Key Partnerships, enabling its members to refer clients who require equity release advice to specialist advisers.

All MCI referrals with Key Partnerships, the referral arm of equity release broker Key, will be supported by Key’s whole of market division, The Equity Release Experts.

Through the agreement, MCI said its members who do not hold an equity release qualification, or who do not have the resources to support their clients in this area, will be able to refer cases to Key Partnerships for specialist advice.

The mortgage club suggested it is focusing on providing a wider range of support for its members to meet growing demand for access to later life lending options. The latest partnership follows more2life’s recent appointment to the MCI later life lending panel as well as another partnership launched between MCI and by Air Sourcing.

“All MCI members want to support their clients and provide them with great outcomes, even if they do not necessarily advise on those particular products,” commented MCI head, Melanie Spencer. “Key Partnerships reflects MCI’s commitment to support its members by providing an established referral route as well as sharing the same values and goals as MCI members.”

Key Group business development director, Jason Ruse, added: “With a growing awareness of the benefits that equity release and other later life lending products can offer clients around retirement, there is more interest than ever in this sector.

“We are delighted to be working with the MCI Mortgage Club to support its member’s aspirations to offer a wide range of products from trusted partners.”

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