View more on these topics

Promise added to TMA secured loans panel

The Mortgage Alliance has announced the addition of Promise Solutions to its secured loans lending panel.

As a key secured lending partner to TMA, Promise joins recent addition Colonial Secured Loans and existing strategic partner Loanmakers to make up TMA’s secured loans offering.

The link with Promise will give TMA members access to leading commission rates across a whole of market secured loan provider panel plus unsecured loans with free online sourcing, quotation and document production.

Phil Whitehouse, head of TMA, says: “I am excited about the opportunities that will be created for TMA’s members by launching Promise as our latest partner for secured lending.

“The addition of Promise Solutions creates even more choice and delivers a new avenue for members to access secured loans from a market leading company with cutting edge technology solutions. “

Steve Walker, managing director of Promise, adds: “We are delighted to align ourselves with such an established and well respected organisation as TMA.

“Secured loans are becoming an integral part of the brokers offering and Promise provides the necessary support and expertise to enable brokers to maximise their income opportunities and open up their services to new customers with confidence.

“Our starter guide covers everything they might need including sales techniques, objection handling, compliance and marketing enabling brokers to diversify further and capitalise on this sector of the market.

“With the seasonal spring demand for loans just around the corner, now is the time for brokers to take a more serious look at how they transact secured and unsecured loans.”


Making sense of uncertainty

The recent Lending Strategy lunch with Sunday Times economics editor David Smith generated a fascinating debate about the future of the market and provided food for thought for the group of industry leaders.

Repossession victims to be given two-year payment holiday

The Prime Minister Gordon Brown has unveiled a two-year deferment of mortgage interest payments for borrowers who face unemployment.The deferment of mortgage interest payments for two years will apply to properties worth a maximum of £400,000.The eight largest UK lenders have so far signed up to the plan – these include HBOS, Nationwide, Abbey, Lloyds […]

Guide front cover - thumbnail

Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


News and expert analysis straight to your inbox

Sign up