more 2 life becomes top three lender

The Preston-based provider joins Aviva and Legal & General in the top three.

more 2 life has become a top three lifetime mortgage provider after increasing its market share in the first quarter of 2016.

The Preston-based provider joins Aviva and Legal & General in the top three.

Dave Harris, managing director at more 2 life, said: “To be confirmed as a top three lifetime mortgage provider is a great achievement which highlights the success of our growing range of equity release plans.

“Advisers are increasingly turning to more 2 life because not only are our products among the most innovative on the market, they know the service they receive from us will always be second to none.

“We have invested substantial resources into ensuring our adviser experience is seamless at all times and our brand new portal is already proving to be a positive talking point among the adviser community.”

more 2 life has a portal designed to speed up applications and integrate underwriting.

Applications for its equity release plans increased by 39% in 2015 with completed loans hitting an all-time high for the lender.