Air Mortgage Club has launched an enhanced adviser support service for large loans.

For equity release clients borrowing £250,000 or more, the mortgage club is now offering what it calls a “concierge service”.

Air Mortgage Club, which specialises in later life lending, says that when brokers enter details of a case, its Air Sourcing enquiry system will automatically flag those which are large enough to qualify for the extra support.

If the adviser wants to go ahead and use the concierge service, they will receive a whole of market search to identify the best product, assistance generating a Key Facts Illustration and back up from customer service operators throughout.

Air Mortgage Club says the concierge provides advisers with a fast-track route to placing large cases.

Every case is checked to ensure that the broker’s commission is at the highest level applicable and if there is potential to further increase fees, the broker will be advised how best to achieve this.

Air Group chief executive Stuart Wilson says: “Larger loan cases are a growing part of the later life lending sector and with these amounts it’s incredibly important advisers are able to service them effectively and quickly. 

“This is why we’ve launched our large case concierge service to support our Air Mortgage Club members and to utilise Air Sourcing’s product choice, knowledge, plus make the most of our lender relationships in order that we can secure a fast-track route initially through to those individuals who deal with these cases, and then on to offer and completion.

“By using this service, advisers will get a significant amount of support, and we’ll be able to best position those cases with individual lenders and providers to maximise the chance of acceptance and success. 

“They will also be receiving the highest levels of commission via Air Group, and this is a service that brings all this added value but at no added cost.”