The lender said the API link will allow advisers to manage lifetime mortgage applications through Iress’ adviser portal ‘The Exchange’.

The portal will enable advisers to search and recommend Flexible and Optional Payment Lifetime Mortgage products for their clients.

It will also help advisers research, quote, and compare clients’ needs quickly and easily.

The partnership with Iress follows Legal & General Home Finance’s API link with the later life lending platform Air Sourcing, which has supported advisers in streamlining their client application processes to provide better customer outcomes.

The new API link is one of several innovations introduced in recent months to help advisers better service their customers’ needs, including improvements to its lifetime mortgage range and the launch of the first-of-its-kind Payment Term Lifetime Mortgage (PTLM) for borrowers over 50 whose needs are not always being met.

API links help improve the adviser journey by allowing different pieces of software to share information with them in real time, including for client due diligence research.

Legal & General Home Finance distribution director David G Jones said: “Our seamless API link with Iress’ industry-leading portal will allow advisers to research, quote and compare clients’ later-life lending solutions quickly and easily – ultimately leading to better customer outcomes.”

Iress life, pensions & mortgages global head of product Jacqueline Durbin added: “The API-driven solution means that everything can be done from within the platform when applying for a Legal & General product, reducing friction and the potential for error, as well as making the whole process far more efficient.”