Equity release lender launches 'high-speed' payment process for advisers

It said the process is faster than any other lender in the equity release market. Commission will be paid from a completed loan. For cases completed on a Monday, Tuesday or Wednesday, advisers will receive payment by the following Monday. Cases completed any later in the week will receive payment by the following Wednesday. The lender said this development was part of its plans to encourage advisers to enter the equity release market. It followed the launch of more 2 life's ‘learning lab', an online resource centre aimed at educating advisers on equity release. This included offeri...