Air Mortgage Club adds Chorley Building Society to panel
Air Mortgage Club has added Chorley Building Society to its retirement lending panel.
Members of Air Mortgage Club will now be able to access the building society’s range of mortgage products.
The lender’s offerings do not have a maximum age limit and they are available to applicants who are either aged 70 on application or will be over 70 by the end of their mortgage term.
Furthermore it accepts business from AR and DA intermediaries, but the advisers are required to be registered via a network or club, such as Air Mortgage Club.
Stuart Wilson, chief executive at Air Group, said: “We continue 2020 with our aim to broaden the range of lenders we work with and the number of later life lending products available to our Air Mortgage Club members.
“Our belief is that the later life space will continue to grow and demand for these products, and advice, will move in an upward trajectory.
“Our members want to be confident they are dealing with a club which covers all parts of the later life market, and we continue to work with our lender and provider partners to ensure their product offerings reach a wide distribution.”
Julie Goodwin head of business development at Chorley Building Society, added: “We are delighted to be joining the Air Group lender panel as we feel the club’s philosophy mirrors our own when looking to support older borrower lending needs.
“Anyone working in the retirement sector will know that the later life journey is drastically changing, with people living longer in retirement than previous generations, understanding how the modern retirement plans look has become a challenging task.”