more2life has expanded the distribution of its Flexi-Choice equity release plan, which will see the number of advisers able to offer the plan to customers jump from 500 to more than 4,500.
The more2life plan is offered in two variants, Flexi-choice for properties up to £2m, and Flexi-Choice Premier for properties over £2m.
The products offer customers a range of benefits in addition to rates from 6.03% MER, or 6.01% MER for Premier, including loan-to-values (LTVs) between 6% and 46%, free Energy Performance Certificates (EPCs) on completion, and a a 10-day application to offer promise.
Ben Waugh, managing director at more2life, said: “With the recent figures from the Equity Release Council highlighted that we are starting to see green shoots in the market, more2life is keen to support advisers as they speak to customers by making this market-leading plan more readily available.
“Not only are the rates the best on the market but Flexi-Choice also offers a Service Promise, free Energy Performance Certificates and Fixed ERCs as well.
“This is a particularly compelling offering when rising rates mean that customers are scrutinising product flexibilities more than ever.
“We look forward to working closely with a wider range of advisers to support their clients’ growing needs.”
