The new alliance will allow brokers using Knowledge Bank to access the equity release market themselves or via a trusted partner.

In addition, brokers that place their cases with Age Partnership via Knowledge Bank will receive preferential proc fees.

Age Partnership has helped to release over £2bn through equity release.

Nicola Firth, CEO at Knowledge Bank (pictured above), said: “Age Partnership is a very well-respected and award-winning broker and so we knew they were the best equity release organisation to have secured this partnership with.

“We wanted to create an environment where brokers could have real choices with their equity release business and fundamentally enjoy the best of both worlds.

•   Knowledge Bank provides personalised evidence of criteria research
•   Landbay partners with Criteria Hub
•   Over 100 lenders sign up to Knowledge Bank

“Whether they are qualified to advise on equity release or not, the Knowledge Bank system offers them a simple, practical solution to either proceed with a case or refer it to one of the leading and most highly respected brokers in the country.”

Adam Carnall, head of partnerships at Age Partnership, added: “The equity release market was undoubtedly one of the success stories of 2017.

“We have seen this market grow substantially in terms of product offerings, but also the increasing sophistication and complexity of the criteria that sits behind the headline rates.

“This is why it was such a wonderful fit for us to create a partnership with Knowledge Bank, who offer such a vital service in dissecting thousands upon thousands of criteria to enable brokers to get the right case to the right lender.”