TMPC increases distribution network

With the opening of a new office in Wales, The Mortgage Placement Company (TMPC) now has a network of four offices throughout the UK supporting financial advisers.

Located in Cardiff, the new office has been established to process business from advisers based in Wales thereby providing local knowledge and support from one of the leading correspondent lenders in the UK.

Edwin Coughtrie, managing director at TMPC, says: “Wales has a particularly buoyant housing market that up until recently has largely been ignored by packagers. In the last five years house prices have rocketed by 53% according to the Land Registry and sales in this period were up 14%. In the last year alone house prices increased by 15%. TMPC have recognised this need and growth and as a result are offering financial advisers a dedicated processing team based in Cardiff.”

Colin Morgan and Martin Fisher will head up the new TMPC office.