Praxis has revealed it will be relaunching the commercial arm of its business.
The packagers commercial team will offer advice based on the whole market, rather than a pool of lenders.
Jason Rodger, business development director with Praxis Commercial, says: We are then able to place business with any commercial lender currently operating in the UK marketplace to achieve this.
“This sets us apart from other commercial offerings and we are delighted to be delivering a complete commercial mortgage service.
For the more relationship-driven residential mortgage broker or IFA there is a real risk to his or her reputation with the client concerning commercial advice.
“The choice we are now offering allows brokers to guarantee their clients the best deals, helping to strengthen the relationship.