Royal London enters equity release market via partnership with Responsible Life

To offer multiple products

Hannah Godfrey
clock • 3 min read

Royal London has partnered with later life mortgage adviser, Responsible Life, to enter the equity release market.

The Royal London Later Life Lending service will provide customers with access to advice on a range of later life mortgages, a service that will be operated by Responsible Life. The advice will not be limited to equity release. Customers will also have access to retirement interest only mortgages and retirement mortgages. Responsible Life announced earlier this year that it had become the first broker to introduce a service that looked at mortgages from each of the three different product categories before making recommendations to customers. According to Royal London, that approac...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Equity Release

Industry Voice: Using equity release as a source of funds

Industry Voice: Using equity release as a source of funds

Matt McGill, Equity Release Director at Aviva
clock 25 April 2022 • 4 min read
The face-to-face requirement was added in 2013, according to the ERC

ERC brings back face-to-face legal advice requirement for members

'Customer safeguards and protections'

Julia Bahr
clock 19 April 2022 • 3 min read
Equity release activity up 24% year-on-year to £4.8bn

Equity release activity up 24% year-on-year to £4.8bn

Returned to growth for first time since 2018

Julia Bahr
clock 25 January 2022 • 3 min read