Age Partnership has revealed its has seen a three-fold increase in its residential and buy-to-let mortgage business since signing up to criteria searching system Knowledge Bank.
Age Partnership is most well-known for providing an equity release service; yet it also offers a standard mortgage solution specifically for the over 50s audience who either don’t qualify equity release or their circumstances better suit a traditional residential or buy-to-let mortgage.
The Age Partnership mortgage desk is headed up by department manager Anthony Barratt.
He said: “Since using Knowledge Bank, we’re able to deal with our clients’ cases in a much more time efficient way. This frees up time for our advisers to provide the client lead service that we pride ourselves in, as well as giving them time to speak to an ever increasing number of clients.
“As a result, we have seen the amount of business we are writing more than treble, which is an amazing result.”
Nicola Firth, CEO of Knowledge Bank, said: “This is exactly why Knowledge Bank exists; to make life easier for brokers and intermediaries to place cases.
“We now have more than 70,000 individual criteria being kept up to date by more than 150 leading lenders across residential, buy-to-let, equity release, self-build, second charges and overseas mortgages.”