Standard Life Home Finance Partnership with St. James’s Place

by | Nov 10, 2022

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Standard Life Home Finance has announced a strategic partnership with St. James’s Place, increasing nationwide adviser access to its later life lending products.

Under this new agreement, St. James’s Place’s authorised advisers can register on Standard Life Home Finance’s online portal to gain access to its entire suite of Defaqto 5 Star rated products.

These equity release products include a variety of LTVs, as well as both drawdown and lump sum options. There are also other market-leading features such as:

•                     Fixed Early Repayment Charges (ERCs) under 10 years (typically 10-15 years across the sector*)


•                     Unrestricted ERC exemption on sale of property following death/admission into care for first borrower (usually restricted to 3 years from event*)

•                     Downsizing protection from day 1 (typically only applies after 5 years*)

•                     Inheritance protection automatically included (usually an added option and/or extra cost*)


Standard Life Home Finance products will be available to St. James’s Place advisers via Air Sourcing the leading platform for later life lending professionals, as its preferred route.

Kay Westgarth, Head of Sales at Standard Life Home Finance, said: “With a wider variety of customers interested in equity release than ever before, we are delighted to announce this partnership with St. James’s Place.  This move will provide more advisers with access to the Standard Life Home Finance product suite as they look to support their clients in the current market.

“All our products come with downsizing and inheritance protection from day one, as well as fixed ERCs, which can be hugely beneficial for St James’s Place customers who wish to consider a wider range of financial factors.”


Paul Johnson, Head of Mortgages at St. James’s Place, commented: “Residential property is increasingly becoming part of most people’s retirement planning – whether they plan to access the wealth tied up in bricks and mortar or need to consider the inheritance tax implications.

“By partnering with Standard Life Home Finance, our advisers are now able to access an additional range of later life lending products to support these ambitions.  With features such as downsizing and inheritance protection as standard, we are confident that our clients will benefit from not only having a wider choice but access to options that suit their individual circumstances.

“This new partnership is another important step in helping us to deliver a truly customer-centric service and we look forward to working with the Standard Life Home Finance team.”


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