This means we can continue with applications for Maximum Choice (including the Lite and new Plus version) with some restrictions.
Click on the link above for more info. Please also note that with effect from 00:00:01 tonight (2nd April) prices will be rising on all Maximum Choice variants.
- KFIs on the current rates and lending criteria can be created by midnight tonight
Applications on the current rates and lending criteria can be submitted by midnight Wednesday 8th April
In terms of where we currently are with negotiations with all of our funding partners across our product range, the following table outlines how likely (or not) we think they will move to accepting semi-automated valuations. Details regarding Tailored Lite/Plus products will follow by the end of this week:
| Won’t accept | Unlikely | Possible | Likely | Will accept |
|---|---|---|---|---|
| FLEXI | CAPITAL | MAXIMUM | ||
| PRIME | TAILORED |
more2life and e.surv – helping you in your later life lending mission
We know that many of you continue to talk to a wide range customers who are keen to proceed with an equity release solution. We are delighted that together with excellent support from our valuation partner, e.surv, we have become one of the first lenders in the market to help you continue to deliver great lending outcomes for your clients as we move through this crisis.
We hope to bring you more good news regarding the rest of our product range in the coming days.
You can keep up-to-date with all our latest COVID-19 news by checking out our newsroom page
Your Questions
As we speak to more and more advisers over the phone, a number of common questions have emerged. We have collated the most frequently asked questions. We don’t have all the answers right now as this situation is rapidly evolving, but rest assured that our Senior Management Team is working tirelessly to find innovative, workable solutions to the problems posed by COVID-19.
more2life has your back
You’re on a mission to provide your clients with the retirement they deserve, and we have your back. Our support team are always on hand to help over the phone, via email, or via virtual BDM appointments.
