SmartrRefer – recently launched by Legal & General Mortgage Club following a review of the market – is designed to provide members with access to specialist partners who can help Club members support clients via a referral service.
Key says the appointment builds on its “long-standing relationship with Legal & General Mortgage Club”.
Jason Ruse, head of Key Partnerships, said: “With the later life lending market continuing to grow, we have seen an increase in consumers looking to access information and advice on equity release as they consider how this might help their retirement finances.
“Turning to their own trusted mortgage adviser is the next logical step for many people but if they are unable to help, SmartrRefer now means they have someone to turn to.
“We are delighted to be chosen to be on the panel and look forward to supporting advisers as well as their clients.”
Craig Hall, head of broker relationships and propositions, Legal & General Mortgage Club, said: “It is essential our Club members have access to the right information within the wider lending market.
“As a mortgage club we help advisers find the right outcome for their clients, inclusive of specialisms such as equity release, by ensuring they have access to comprehensive and detailed advice, through trusted third-parties.
“Through Key Partnerships our members can help clients who may find equity release is a viable option to fund their later life lending needs.”