YOU TOLD US...

Since the implementation of the Mortgage Credit Directive on 21 March 2016, we have seen an increase in the number of enquiries received from our introducers. This has been as a direct result of the requirement for clients to be provided with details of the various products available to them for comparison as part of ‘best advice’ practices. Due to this, clients will now be able to compare the overall cost of a capital raising re-mortgage, with a second charge mortgage and a further advance, allowing them to be sure that the product recommended meets with their immediate needs, while also taking into account their future plans.

We believe that now is more important than ever to ensure that second charge mortgages are part of every brokers offering.  Why? The second charge mortgage market is set to grow even further next year due to lenders tightening criteria, particularly for capital raising remortgages and the continuing trend towards longer term fixes.  This coupled with a surge in purchases that will likely see an increased desire to carry out home improvements.

Best of all, you don’t even need to be an expert! Whether it’s you providing the advice and us managing the process with the lender, or you referring the case to us to manage the client and lender relationship, including giving the required advice, you will benefit from market leading procuration fees. By partnering with us, you can treat our business as an outsourced division of your own company, giving you access to the wider market – resulting in more positive client outcomes, more income and consolidation of new and existing relationships.