Pure Retirement expands desktop valuations to entire range
Pure Retirement has introduced desktop valuations to its Classic range, meaning the lender is now fully operational across its entire range of lifetime mortgage products.
Earlier this month, Pure Retirement launched desktop valuation solutions on both its Heritage and Sovereign ranges.
On Classic desktop solutions, the lender says there will be no cut to property value and no retention on funds requested. Available to applicants aged 55-84, Pure’s Classic range offers ERC-free repayment options, an uncapped drawdown facility (subject to maximum LTV) and downsizing protection.
In addition to the new desktop valuation solutions, Pure has also widened the distribution of its Classic Range to members of the Advise Wise Mortgage Club.
Paul Carter, CEO of Pure Retirement, said: “Ever since the country has gone into lockdown, we’ve worked hard to continue offering retirement solutions and vital funds to the customers that need them. We’re reacted swiftly to ensure that all our product solutions are now fully operational, enabling us to deliver the market leading service standards for which we are best known.”
Head of intermediary sales, Chris Flowers, added: “Our intermediary sales team have continued working closely with advisers to provide solutions in these uncertain times, and it’s exciting to not only be able to offer workable solutions across our full product range, but also to expand the distribution of our Classic range through Advise Wise Mortgage Club, allowing access for advisers and customers alike to this fantastic range of products.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Buy-to-let
The Mortgage Works launches sub-3% buy-to-let rates

Tax
HMRC rule change set to impact millions of landlords and sole traders

HSBC
HSBC launches over two dozen sub-4% mortgage rates

Bank Of England
Bank of England cuts interest rates by 0.25%Â in three-way vote

Skipton
Skipton launches Delayed Start mortgage with no repayments for three months

FCA
FCA outlines steps to simplify mortgage rules
