Brilliant Mortgages sees surge in recruitment

Natalie Martin

Brilliant Mortgages, the mortgage club which is part of Exclusive Connections, says it is signing up new members at the rate of 200 per month.

Brilliant Mortgages, previously M2000 has now doubled the size of its membership and believes that the increase in new members is down to significant improvements in the core proposition, particularly by paying procuration fees at the moment of completion.

Matthew Arena, managing director at Exclusive Connections, says: “As soon as we had reviewed the business model we had acquired, we made the decision to confirm that procuration fees would be paid on the day of completion. We believe that this is a fundamental change which all clubs and networks need to adopt and intermediaries have responded very positively. We have also expanded the lending panel and brought in new services such as insurance, debt management and savings, which members can now access all in one place.”

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