"As a network, we have acknowledged the increased role equity release plays within the retirement planning landscape and the breadth of options in the mortgage market."
The network will offer specialist support and will provide training on equity release to its members in order to help them enter the marketplace and achieve CAS status.
Martin Wilson, CEO of The Right Mortgage & Protection Network, said: “Our objective is to educate, train and help our members learn how to give appropriate advice in this exciting marketplace. Equity release lending passed £3bn in 2017, up 42% on 2016. As a network, we have acknowledged the increased role equity release plays within the retirement planning landscape and the breadth of options in the mortgage market. This is a really exciting opportunity for our members and we are delighted to be able to offer this support.”
Adam Stretton, MD of The Right Mortgage & Protection Network, added: “We have put together a comprehensive training plan to ensure our members are fully trained in order to offer a more holistic approach and advise on equity release with confidence. We are committed to helping clients better understand what solutions are available to their borrowing needs and we see interest only maturities as an opportunity to prove the value of an adviser."
