Authorized & Common Residence Finance has launched an utility programming interface hyperlink on the Air sourcing platform, permitting brokers to handle lifetime mortgage purposes via L&G’s adviser portal.
The Air platform — which has over 20,000 finance skilled members, from advisers to lenders — permits advisers to look probably the most up-to-date later life lending merchandise for shoppers.
The companies say their API helps searches “by permitting completely different items of software program to share info in real-time”.
They add that “sourcing and key monetary indicator analysis is routinely transferred via the hyperlink and is accessible on the platform”.
The lender says the transfer comes after it prolonged its lifetime mortgage provide validity from 50 to 90 days and launched lower-priced loan-to-value merchandise, from 3.5% at age 55, final month.
Authorized & Common Residence Finance chief government Craig Brown says: “The launch of our API hyperlink on the Air sourcing platform is the primary time we’ve linked in such a seamless method with a sourcing website.
“Not solely will it save advisers from having to rekey info, however it is going to additionally make the general course of smoother and in the end result in higher buyer outcomes.
“Lifetime mortgages proceed to play a big position in fashionable monetary planning, and we’re working always to make our merchandise extra accessible to advisers.”
Air Membership managing director Mike Taylor provides: “We try to search out new and revolutionary methods to help advisers to assist them present profitable and good outcomes to their prospects by offering technological advances to automate a few of the extra handbook processes.
“Wanting in the direction of Client Obligation, which is to be carried out within the subsequent few months, this API hyperlink will present a one-documentation supply for advisers utilizing Air sourcing and Authorized & Common Residence Finance.”