270% increase YTD in new equity release applications

Financial Experience have reported a 270% increase in new equity release applications.


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Tuesday 27th March 2012

270% increase YTD in new equity release applications
Whilst the reasons to consider Equity release remain consistent with the previous year, with Home Improvements topping the list and Debt Consolidation- including repaying an existing mortgage a close second, Paul Macfarlane, Sales Director of Financial Experience feels that it is the client's increased awareness of Equity Release generally which has led to increased confidence within the sector.

As a result of continued demand, Financial Experience has seen a dramatic rise in new business this year and are looking to build business relationships with qualified individuals and businesses throughout the country and are creating five new support roles at their head office in the North West.

Financial Experience are Appointed Representatives of Intrinsic and offer a full range of Financial advice. Specialists within the retirement markets and in particular Equity Release primarily driving its business introducers, Financial Experience are based in purpose built offices in the new Bucksaw Village development in Chorley, Lancashire. Enquiries are nationwide hence the need to build relationships though the country.

 Mark Lovelock, Regional Director of Intrinsic commented:
 
“Having worked with Financial Experience for a couple of years  I am not surprised by the positive feedback I receive from their current partners, which I believe is down to the added value they provide- not forgetting the increase in business volumes all parties have enjoyed!”

Author:
Millie Dyson Online Editor Online Editor
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