Air Group enters deal to provide second charge and bridging loans

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Through the link, users of the Air Group proposition – which includes Air Mortgage Club and Air Sourcing – will be able to introduce clients to The Right Loan.

Formed in 2018 by The Right Mortgage Ltd, The Right Loan is a master broker specialising in the second-charge and bridging loan sector, providing whole of market advice via a panel of specialist lenders.

Under the new partnership, the adviser can work with Air Group staff to identify second-charge and bridging loan opportunities amongst their client base.

Once established, and having filled out a short enquiry form, Air Group work with The Right Loan in order to complete the case on the adviser’s behalf.

Stuart Wilson, chief executive officer at AIR Group, said: “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.”

Air Group said member firms and advisers who introduce to The Right Loan can expect to receive competitive commissions, 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.

Martin Wilson, CEO at The Right Loan, said: “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.”