Age Partnership increases equity release market share
Age Partnership claims to have advised on a quarter (24.8%) of all equity release sales in Q3 2015, up from 24.4% in Q2 of the same year.
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Age Partnership's business volumes grew by 15.4% between Q1 and Q3 2015, while the overall equity release market grew by 4.6% over the same period.
Age Partnership has also expanded to provide a face-to-face offering as well as a telephone-based service following high customer demand.
It is now looking to recruit more field-based equity release advisors to roughly double its face-to-face advisers by the end of Q1 2016.
Simon Chalk, Technical Manager – Equity Release, commented:
“We have always had a strong phone-based service, but adding in our field-based adviser team has made a huge difference to our business and now gives our customers the choice on how they would like to receive our service.
“Age Partnership has invested heavily in being able to provide a high quality, cost-effective service to clients and we are determined to continue to take a growing share of the expanding equity release market.’’
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