The Right Loan and Air Group announce new partnership to aid Later Life Advisers

05 August 2020

The Right Loan, a master broker specialising in the second charge and bridging loan sector, and Answers in Retirement Group (also known as Air Group), have today announced a new partnership benefiting advisers and firms alike.

Users of Air Group’s propositions, including Air Mortgage Club and Air Sourcing, will now be able to introduce their clients with specific second-charge and bridging loan needs to The Right Loan.

This new partnership will open up Air Group member firms, and advisers, to the opportunity of receiving competitive commission; quick completion timescales of two to three weeks; market-leading rates; and access to an experienced helpdesk with regular communications on the status of the case.

The Right Loan were formed back in 2018 by The Right Mortgage Ltd as specialists who can provide whole of market advice, via a panel of specialist lenders, when it comes to second-charge and bridging loans.

The Air Group of companies comprises of Air Sourcing, which is home to Air Group’s range of propositions including: Air Mortgage Club - the distributor for equity release and later life advisers; Air Later Life Academy - the commercial and training organisation for later life members; Air Prestige Packaging - the full service, para-packaging proposition for advisers seeking the right lending solutions for their older clients; and Air Rewards - the Group’s reward scheme for members.

Martin Wilson, CEO at The Right Loan said:

“We’re excited for our new partnership with AIR group, and view it as a great opportunity for firms and advisers looking to offer their clients information and assistance with second-charges and bridging loans. Over the last two years, we’ve seen a demand in a need for specialist advice in our sector, and we’re pleased to expand our offering to clients of AIR group. We look forward to working alongside the AIR group team, and expanding advisers and firms’ offerings within the growing later life marketplace.”

Stuart Wilson, Chief Executive Officer at AIR Group also commented:

“The needs of later life clients do not start or end with a mortgage or an equity release plan, and it’s important that our member firms and advisers have access to other products which may be suitable for these individuals. In the case of second-charge and bridging loans, we wanted to work with an expert master broker who can provide the specialist advice required in these sectors, so we’re very pleased to be able to announce this new relationship with The Right Loan.

From today, our members can work with Air Group staff to identify clients who might be suitable for such products and to introduce them to The Right Loan in order that they might receive the best advice and the right product for them. This allows firms to ensure they can cover off their clients’ wider financial needs and ensure they are the ones providing the introduction, rather than seeing that client leave and take their business elsewhere. We’re looking forward to working closely with the team at The Right Loan and to helping our members access the opportunities that exist in both the second-charge and bridging loan sectors.”