Advise Wise has launched the Mortgage Club which combines product sourcing technology to provide advisers with a platform to handle their equity release cases.
The launch is in response to the increasing need for technology that is helping drive the market forward.
Advisers can join the Mortgage Club by creating an Advise Wise account.
Since its launch, the Advise Wise platform is nearing 500 registered users.
Jonathan Thirkill (pictured), chief executive at Advise Wise, said: “We’ve been working very hard to build a comprehensive platform, to support advisers with the product sourcing process.
“Advise Wise is a powerful sourcing system, but also easy to use and completely free.
“Integrating the Advise Wise platform with the Mortgage Club ultimately translates into a great tool for the lifetime mortgage market, where advisers can easily manage their case enquiries and benefit from exclusive deals from lenders whilst they research the right plans for their clients.”
Advise Wise has also reached agreement with Legal & General Home Finance for its full range of lifetime mortgage products to be made available to club members.
John Coffey, key account director at Legal & General Home Finance, added: “The launch of the Advise Wise Mortgage Club when combined with the Advise Wise platform marks a positive development.
“We share a common understanding of the importance of making the right support available to advisers in this complex market, where the service a customer receives can be as important as the product solution they choose.
“Working together, we are hopeful that we can facilitate holistic growth in the market, driving up demand for broad retirement advice based on equity release solutions, while also upskilling the members delivering these services to customers.”