Royal London Equity Release has rolled out its flagship product to all advisers via the Advise Wise Platform.
Advise Wise members can request Key Facts Illustrations (KFIs) for all products in the Royal London Equity Release product range.
The Principal product includes 10-year early repayment fees and flexible internal underwriting.
Partial repayments are possible with the option to pay up to 10% of the total advance in cash within each 12-month period.
The product is available to homeowners ages 55 and up until the day before their 90th birthday.
The minimum property value to qualify for these products is £125,000, with a maximum value of £2 million.
Chris Flowers, intermediary sales director at Royal London Equity Release, said: “Working with Advise Wise to roll out the Principal product brings our brand and products to the wider broker community and their clients.
Daniel Edmondson, national account manager of Advise Wise, added: “Our latest API integration with Royal London on the Advise Wise Platform delivers significant efficiencies in quote generation, ensuring accurate, live and detailed pricing.”