Andrews Estate Agency and Mortgage Options have jointly set up Mortgage Options (Partnership Division).
The company will be run by Rob Everett, managing director of Mort-gage Options. Andrews says its investment in Mortgage Options will further establish both firms as secure and well capitalised.
The new company will become an appointed representative of Legal & General network and will be the eighth largest mortgage and protection intermediary firm within the network.
Mortgage Options will continue to offer a directly authorised proposition. Mortgage Options (Partnership Division) will offer mortgage and protection advice to clients, both directly and through estate agencies.
Everett says: “Mortgage Op-tions’ partnership with Andrews will strengthen both companies. It will enable Andrews to increase its penetration of the financial advice market, while Mortgage Options will have a new proposition for advisers and clients and will boost the number of estate agencies through which it operates.”
Chris Chapman, financial ser-vices director of Andrews, says: “Mortgage Options’ advisers will now have access to exclusive mortgage products through the Legal & General network and Andrews will benefit from greatly increasing its share of the financial services market.”