Advise Wise, a leading sourcing platform for later life lending solutions, has announced the addition of Newbury Building Society’s retirement interest-only (RIO) mortgages to its range of financial products. This partnership enhances Advise Wise’s offerings, providing advisers and their clients with more options for managing finances in retirement.
With retirees’ evolving needs in mind, Advise Wise is dedicated to expanding its product range to ensure financial advisors have access to the most comprehensive suite of options. The inclusion of Newbury Building Society’s RIO range demonstrates Advise Wise’s commitment to equipping advisors with tools to help their clients navigate retirement confidently and securely.
Retirement interest-only mortgages are increasingly popular among older homeowners who wish to access the equity in their properties without making regular repayments.
Aaron Conlon, managing director at Advise Wise, commented: “We are thrilled to welcome Newbury Building Society’s RIO plans to our platform. This addition aligns with our commitment to provide a diverse range of retirement financing options, empowering advisers to find the best possible solutions for their clients. The Newbury Building Society shares our commitment to innovation and customer service, making this partnership a perfect fit.”
Karen Smith, head of intermediary sales at Newbury Building Society, said: “We are excited to be partnering with Advise Wise and making our range of later life lending products available to intermediaries through their platform. The Advise Wise Platform provides advanced but easy-to-use technology, ensuring our tailored offerings are easily found by and accessible to more intermediaries. This partnership illustrates how we combine technology with personal service to provide excellent customer service.”
Newbury Building Society’s RIO plans are now available to all Advise Wise members.
