"We can help advisers increase the amount of time spent actually speaking with clients and finding positive outcomes for their individual circumstances."
Later life lending platform, Air, has made several updates to its sourcing tools to help advisers and their customers access the latest products and best rates.
Firstly, Air has launched a second version of WriteRoute, its end-to-end fact find tool. The new version offers a more structured framework and additional questions to capture ‘soft facts’ about the customer, such as monthly incomings and outgoings. As with the original version of the fact find, members can still customise the tool with their brand colours and logo, as well as access to Comentis software on client vulnerability.
The platform has also launched a new financial vulnerability assessment in WriteRoute with support from Comentis. Through the software, members will be able to evaluate their clients’ financial vulnerability across four triggers defined by the FCA, including health events, life events, resilience and capability; download and print a full report detailing specific circumstances and how they could be impacting clients; as well as receive guidance on how to implement the appropriate support.
Interactive digital LTV and repayment tools from Air can now be white-labelled using members’ own designs and logos. The tool will give customers an indication as to how much of their property value they could release based on their age and property value.
Air’s borrowing forecast tool allows members to create a borrowing forecast across different product types, showing how the loan, property value, and equity changes over the life of each loan. The latest update enables product information to pull directly into the tool from the adviser sourcing results, meaning there’s no need to re-key any information.
Finally, Air has introduced an API health check functionality to its sourcing platform. The health check indicates any current interruptions to any of the APIs with which Air has integrated, making members aware of any issues in real time as well as providing timescales for fixes.
Mike Taylor, managing director of Air, commented: “At Air, we pride ourselves on the quality technology that underpins the work we do with later life lending professionals. Our latest round of updates to Air Sourcing is a testament to our dedication in providing advisers with market leading technology to help them support a diverse range of client needs.
“In improving the efficiency and reliability of our tech, we can help advisers increase the amount of time spent actually speaking with clients and finding positive outcomes for their individual circumstances.”
