Advise Wise has introduced a coronavirus news feed page on its website to collect all later life updates from lenders and its partner solicitors.
Advisers can now monitor all rate, product and process changes on the market from one real time feed.
The news feed is updated daily as soon as an industry update comes up.
Users can also subscribe if they wish to receive real time updates to their inbox, and can be notified as soon as a later life Covid-19 news is published.
Jane Hanlon, mortgage club manager at Advise Wise, said: “Advisers are very busy with clients at these times and the market is changing very fast every day. It’s vital they are up to speed with how things are evolving, so they can react and make the most of any opportunity.
“The coronavirus news feed can help them to keep up-to-date, reporting instantly all lenders’ rate changes, but also changes related to products and processes. Updates on our partner solicitors’ are included as well, to give advisers an overall picture of the market.
“Our Mortgage Club is busy supporting advisers daily and this tool will certainly make their life easier. We are glad we can support advisers, now more than ever. ”
Chris Flowers, head of Sales at Pure, added: ”During this difficult time, the equity release sector will play a crucial role helping clients to access funds from their property when they are really needed.
“The free tool that Advise Wise has rapidly developed will be absolutely vital in helping advisers get the latest information from all lenders. It’s great to see Advise Wise leading the way in adviser support.”