TMA offers semi-exclusive with The Resort Group
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The Mortgage Alliance has agreed a semi-exclusive with The Resort Group which will offer its members an extra 10% commission on a range of overseas investment opportunities.
The agreement, which will run for a limited period of three months. As part of the incentive programme the broker introducing the client to The Resort Group will receive 5% of the agreed purchase price of the overseas property.
Where the broker executed the sale of the property directly with the client The Resort Group will pay the broker 7% of the agreed purchase price of the overseas property.
As part of the semi-exclusive agreement between TMA and The Resort Group members introducing clients will receive an additional 0.5% commission and for direct sales members will receive an additional 0.7%.
The Resort Group offers off-plan properties, with typical build times of two to three years. It selects developments in prime locations to provide substantial growth in value and high returns on investment.
Phil Whitehouse, Head of TMA, says: “As people continue to look at different ways to boost their pension pots it is important that brokers position themselves to be able to accommodate a range of potential offerings. The purchase of foreign property presents some unusual challenges and we’re delighted to have further extended our relationship with such an established and reputable firm who has already proved popular amongst our members.
“Of course the overseas market will not be for everyone but for brokers with clients currently struggling to find suitable UK investment vehicles this facility could prove to be a valuable addition to their offering.”
