Lifetime mortgage specialist Pure Retirement has become the latest addition to the Paradigm panel.

Paradigm member firms now have access to Pure Retirement’s range of lifetime mortgage plans offering fixed rates for life, no negative equity guarantee and no contractual repayments, with the option to make repayments if needed.

Loan-to-values are available up to 50% depending on the age of the client.

Pure Retirement also offers a broad range of criteria for customers with county court judgements, debt management plans and bankruptcies, plus a wide range of property types are accepted.

Paradigm director of mortgages Richard Howes comments: “Equity release and later life lending in general is proving to be a growth area in our industry, and the customer demographics and demand behind this appear to show this will continue well into the future.

“I have no doubt that advisers will continue to see greater demand for those clients willing to take mortgage debt into retirement or wanting to access equity for a whole variety of reasons. Pure Retirement are leaders in their field and we are looking forward to working with the team there to present its proposition to our member firms.”