Pure Retirement have released the following update (see below for details). Full product details from Pure Retirement are available here. Contact our team to discuss any cases or criteria in detail across their full range.
Pure Retirement Empower Advisers with New Client Scenarios on High LTVs and Optional Repayments
Pure Retirement, a specialist lifetime mortgage provider, supports financial advisers to confidently illustrate the pros and cons of equity release to their clients by enriching the advisers’ repertoire with practical resources. The lender has added two new client scenarios to their case studies.
With these comprehensive resources, financial advisers are better equipped to tailor their guidance to the unique needs of each client, ultimately fostering trust and confidence in the financial planning process.
- 80-year-old Evelyn discusses paying off her interest-only mortgage and raising funds for domiciliary care. Her maximum LTV is 50.5%. View the full scenario here.
- and Mrs. Green, a working couple, want to release funds to support their son and have been advised to make voluntary repayments to manage the compound interest of their loan. View the full scenario here.
Please note, these cases are examples only and created for financial advisers. Every case will be different.