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Age Partnership to launch equity release lending arm

Simon Chalk 60 seconds
Age Partnership technical manager Simon Chalk

Age Partnership is set to launch a specialised equity release lending arm in the second half of the year.

The retirement specialist adviser firm has applied to the FSA for lending permissions and says it is currently in discussions with a funder.

Age Partnership technical manager Simon Chalk says: “We will be moving into lending and we are looking to launch later this year with a product which we intend to make available to the wider intermediary community.”

Chalk joined Age Partnership, from Bower Retirement, earlier this month as technical director.

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