Standard Life Home Finance has launched a new strategic later life partnership with Sesame Bankhall Group (SBG).

Under the agreement, Sesame’s adviser network and PMS Mortgage Club’s directly authorised brokers can register on Standard Life Home Finance’s online portal to gain access to its products.

These products include a variety of LTVs, as well as both drawdown and lump sum options, and fixed early repayment charges (ERCs) under 10 years.

Standard Life Home Finance head of sales, Kay Westgarth, said: “Increasingly we are seeing more people interested in releasing equity from their home as part of their retirement plan. By providing access to a range of products, tools and support services, we know we can help more people to make the best choices for their individual circumstances.

“The role of the adviser is a vital one during this process, so strong relationships with adviser networks, brokers and support services are an important way we can help customers on this journey.

“Given this, it’s exciting to work with SBG as they firmly believe in helping advisers to not only better serve customers but also improve their own skills and understanding of the market. This ethos is very close to our own and we are pleased to be working closely with them.”

SBG strategic relationships director, Stephanie Charman, added: “With the later life lending market going from strength to strength, we are delighted to sign a strategic agreement with Standard Life Home Finance. SBG is focused on providing its members with market-leading support, better access to products and more options to support their customers.

“This new partnership is another important step in helping us to deliver on this ambition and we look forward to working with the Standard Life Home Finance team.”

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