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more 2 life unveils MMR broker support

Ryan Fowler

March 26, 2014

Brokers are supported ahead of MMR with three webinars held on April 3 at 10am, midday and 2pm.

These will outline the impact of the review on customers, brokers and more 2 life itself.

Applications received by April 4 will be offered by April 26 under current rules, subject to underwriting.

Aaron Conlon, head of operations at more 2 life, said: “The MMR is very welcome as it mainly supports what is already happening in the equity release market which is why we’ve moved to be fully compliant ahead of the deadline.

“It does however involve changes in how we operate and brokers and customers will need support which we are committed to providing to ensure a smooth transition in order to help maintain market growth.”

more 2 life has previously launched an equity release product which offers improved LTVs to customers with medical conditions or lifestyles affecting life expectancy.

Its Interest Choice Plan also enables customers to choose to pay all or part of the monthly interest and decide how much to withdraw.


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