LV= joins Brilliant Solutions panel
Savings and retirement business LV= has entered into a partnership with Brilliant Solutions, offering its brokers access to LV=’s Lifetime Mortgage products.
Brilliant Solutions advisers can now offer access to LV= Lifetime Mortgage Lump Sum+ and Lifetime Mortgage Drawdown+, lifetime mortgages with defined early repayment charges (ERCs) ending after 10 years.
David Stevens, retirement director at LV=, said: “Equity release is becoming increasingly popular as home owners recognise how their property can be used in retirement planning.
“We are looking forward to working with Brilliant Solutions to help equip financial advisers with the knowledge and products they need to support their clients in securing the retirement they want.”
Matthew Arena, managing director at Brilliant Solutions, added: “As growing demand for equity release propels it further into the mainstream, we must ensure that our advisers can adapt to the changing needs of retirees.
“We are delighted to include LV= on our panel, as this partnership will bring more choice and support to our members.
“As the equity release market continues to innovate, more people are factoring the value of their property into their retirement plans or using lifetime mortgages to transfer wealth between family generations.”