Tenet agrees equity release deal with Age Partnership

As part of the deal advisers in the network will refer clients on to Age Partnership advisers for specific equity release needs and on 'preferential terms'.  Tenet said the move followed an increasing demand for equity release, which was driven by a number of interest-only mortgages coming to an end. The adviser support group said it needed a "large specialist" which was equipped to take on the growing demand. Equity release lending hit a quarterly record high of £571.6m in Q3 2016, according to the Equity Release Council, which said a total of £1.48bn was lent out in the first nine m...