LDN Finance has established a later life lending unit because the London-based dealer expands its enterprise.
The arm will provide the association of later life borrowing and fairness launch mortgages to prospects aged 50 and over.
The division will probably be led by fairness launch adviser Darren Johncock, who joined the agency in Might from HFMC Wealth, the place he labored for 11 years, leaving as a mortgage director.
The dealer agency, based in 2017, factors out that its transfer into fairness launch loans “will bolster the prevailing providers supplied by the brokerage” equivalent to its residential, specialist and safety insurance coverage and personal shoppers companies.
LDN Finance co-chief government Anthony Rose says: “By increasing our product providing, we’re capable of service the wants of shoppers throughout all areas of the market.
“Later life lending is a pure development step for us and we’re thrilled to be launching this new pillar at a time when demand is excessive.”
LDN Finance later life lending director Johncock provides: “Later life lending is a rising portion of the mortgage sector and I’m proud to be a part of the workforce shaping this enlargement.”
