Press Releases

Pure Retirement Expands Desktop Valuation Solutions To Classic Range

23rd April 2020

New Classic Range Desktop Valuation products from Pure Retirement are available as of this morning, meaning the lender is now fully operational across all of its lifetime mortgage product solutions.

This follows the launch of desktop valuation solutions on both its Heritage and Sovereign ranges earlier this month, allowing Pure to continue to provide market-leading retirement solutions for those who require them, even within the current challenging landscape.

On Classic desktop solutions, no haircut will be applied to property value and nor will there be a retention on funds requested, creating a simple solution for both brokers and customers. Available to applicants aged 55-84, Pure’s Classic range offers ERC-free repayment options, an uncapped drawdown facility (subject to maximum LTV) and downsizing protection.

In addition to the new desktop valuation solutions, Pure is pleased to announce the further widening of distribution of its Classic Range, now accessible for select members of the Advise Wise Mortgage Club. Fully integrated with the Advise Wise platform, the club offers its members a dedicated helpdesk and case replacement hotline, as well as a specialist solicitor panel, and regular market and lender updates.

Earlier this year Pure Retirement widened the product’s distribution by offering it to 200 members of the AiR and Premier Equity Release lifetime mortgage clubs, and they are pleased to again be able to widen this further, meaning greater choice for brokers on which club to use.

Speaking of the move to desktop valuations, Pure Retirement CEO Paul Carter says: "Ever since the country has gone into lockdown, we’ve worked hard to continue offering retirement solutions and vital funds to the customers that need them. We’re reacted swiftly to ensure that all our product solutions are now fully operational, enabling us to deliver the market leading service standards for which we are best known."

Head of Intermediary Sales, Chris Flowers, adds: "Our Intermediary Sales team have continued working closely with advisers to provide solutions in these uncertain times, and it’s exciting to not only be able to offer workable solutions across our full product range, but also to expand the distribution of our Classic range through Advise Wise Mortgage Club, allowing access for advisers and customers alike to this fantastic range of products."

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