With immediate effect brokers will have access to an International Mortgage Panel, Travel Money Online and Regular Payments Abroad services.
All of the services are handled on a referral basis but the broker can still earn commission both initially and on any future transactions.
Martin Reynolds, corporate manager at PMS, says: “In the current market it is time to think outside of the box and look at new income streams.
“We feel that the proposition that we have put together allows brokers to talk to all of their existing customers about travel money but also to revisit all their previous overseas mortgages about the Regular Payments Abroad scheme. We feel that this is definitely a win-win situation.”
Jane Ayliff, head of UK and international mortgages at HiFX, adds: “We are delighted to have linked with PMS, a pro-active company that responds to the needs of brokers in this challenging market environment.
“As an independent currency specialists we can add value to the services they provide clients and ensure they earn commission on both the initial introduction and all future business their client undertakes with HiFX”