"Later life lending is a potentially strong growth market for brokers as highlighted by the expansion of equity release in recent years."
Key Retirement Group is focusing on later life lending opportunities for mortgage brokers as it extends its support for advisers at Financial Services Expo.
The over-55s finance specialist will be highlighting the growth opportunities and challenges in the growing later life lending and equity release market at the seminar in the Glasgow Hilton focusing on the wider mortgage market.
Today's event includes keynote presentations from the Association of Mortgage Intermediaries chief executive Robert Sinclair on the Scottish economy and housing and mortgage markets as well as presentations on buy-to-let and a panel debate on mortgages.
Dean Mirfin, Key’s technical director, is contributing to an afternoon session on Later Life Lending Challenges underlining best practice in the growing sector, in particular looking at current trends and opportunities.
Equity Release Council data shows equity release was the fastest growing sector of the mortgage market in 2016 with more than £2 billion in loans completed and continuing expansion is forecast.
In addition to the seminar Key’s experts from group companies, including referral business Key Partnerships and lender more 2 life are exhibiting and will be on hand to help advisers identify business opportunities whether they are directly advising or want to understand the referral opportunities available.
Dean Mirfin, technical director at Key Retirement, said: “Later life lending is a potentially strong growth market for brokers as highlighted by the expansion of equity release in recent years.
“The Financial Services Expo’s programme has been designed by AMI and its partners and will help brokers to develop their businesses and hear from a wide range of market experts across a variety of sectors.”
Sessions start from 10.30am and run to 2.45pm and all attendees will earn CPD points.