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In the first quarter of 2021, the surge in house prices has helped older homeowners release more from their homes. In fact, Key’s latest Market Monitor shows that the average loan amount is up 25% year-on-year to £103,710*. With £1.07 billion released in Q1 2021 alone lending is up 13% on Q1 last year. Download the Key Q1 2021 Market Monitor here
You don’t need to advise on equity release to be a part of this booming market, advisers earn an average of £1,766** per completed case, we take all compliance responsibility for the advice given and keep you posted every step of the way. Our fully qualified advisers operate to the highest standards, and with 20 years’ experience you can rest assured that your client is in great hands during the referral process.
Register for Key Partnerships, Openwork Partnerships sole referral partner to access free:
Marketing toolkit and calculators
Hands on support from dedicated account management
Direct relationship with a qualified equity release adviser
Uses of equity release
Equity release can be used for a number of reasons but here are a few examples that are relevant to you as a mortgage adviser.
Repaying Interest only mortgage
Boosting retirement finances
Supporting a family members house purchase
Repaying outstanding unsecured debt
Purchasing a new home
Gifting an early inheritance
*Key Market Monitor Full Year 2020 ** Average referral payment in 2021 was £1,766
We really look forward to working with you
If you have questions before registering or referring book a call with an account manager