Primis Mortgage Network has launched an equity release panel as it strengthens its later life lending offer.

The broker network says the new panel will be representative of the whole of the market.

It adds that support staff will be on hand to support brokers, including the network’s dedicated product desk, which holds more than 70 years of financial services experience, to help advisers with queries.

The move follows the announcement last November that Primis had partnered with retirement interest-only mortgage provider, LiveMore Capital. LiveMore offers a range of lending options for borrowers aged 55 or over, recently adding a retirement interest-only purchase mortgage.

Primis proposition director Vikki Jefferies says: “Over recent months, one of our key focuses has been enhancing our later life lending proposition to ensure a greater number of advisers can better support their clients in this area. This includes equipping our support staff with the necessary knowledge and tools to help them in their conversations with advisers, and ensuring the necessary processes are in place to help us best fulfil the needs of borrowers.”

The network, which is owned by London-listed LSL Property Services, says it plans to make additions to its equity release panel “in due course”.

Jefferies adds: “As we grow the panel over the coming months, the robust supervision of advisers, adherence to strong processes and honing the expertise of our intermediary partners and support staff will continue to be priorities for us.

Maintaining and cultivating strong relationships with equity release providers will also be a key goal so that brokers who access the PRIMIS equity release panel are in a strong position to support clients throughout their later life.”