Mortgage club and specialist mortgage distributor, Brilliant Solutions are pleased to announce the addition of lifetime mortgage lender Pure Retirement, to their equity release partners.
The partnership has been formed as a way to provide members with further support in equity release, and access to the expertise and resource that Pure Retirement offer. Brilliant Solutions members will gain immediate access to the specialist lender’s products including the Sovereign, Heritage and Heritage Freedom 40 ranges, all of which offer loans of £10,000 upwards.
Advisers will also benefit from Pure’s newly-enhanced Marketing Toolkit, allowing members to further develop their marketing presence through both online and offline mediums, with bespoke marketing support and templates available to be personalised to company branding.
The Classic range benefitted from wider distribution throughout 2020, and is designed to offer ultimate flexibility with customers able to make 12 optional ERC-free repayments per year provided they don’t exceed 10% of the initial amount borrowed in a 12 month period. Available to clients aged 55-84, it features some of the lowest lifetime mortgage rates on the market, and in addition customers also benefit from no upfront costs with free valuations and the option of no arrangement fee.
Speaking of the new partnership, CEO at Pure Retirement, Paul Carter says “It’s important to all of us at Pure that we continue supporting advisers in every way we can. By joining forces with Brilliant Solutions brokers can utilise the mortgage club’s market knowledge to help guarantee the right lifetime mortgage solution is found for their clients. We look forward to joining Brilliant Solutions to continue providing great service to advisers and their customers.”
Matthew Arena, Managing Director at Brilliant Solutions added: “As always, we are dedicated to providing our members with the right tools to support their client which is why we’re delighted to add Pure to our partners. We believe that with Pure's flexible products, benefits and specialism in the market advisers will be able to reach a wider range of customers in later life and offer them a greater variety of options to suit their needs."
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