Mortgage Next is to enhance its mortgage club proposition for directly authorised brokers with the launch of the Passport scheme on October 1.As well as access to exclusive products and free subscriptions to Mortgage Brain and Trigold, Passport offers an AirMiles loyalty scheme whereby points are received for every case that completes with Mortgage Next. Brokers will receive 145 AirMiles for each standard completion and 290 for each sub-prime and packaged case which completes after the first two cases each month. Members of Passport will also have access to a lead generation panel that has been vetted by the compliance department. They will receive five free leads when signing up with www.paa.com. Membership costs 100 a year, which is deducted from the broker’s first proc fee payment after joining. Justine Tomlinson, marketing director at Mortgage Next, says: “Directly authorised brokers like to use mortgage clubs but there is a need for clubs to add value to their propositions if they wish to prosper. “A similar package of benefits will be available to appointed representatives of the Mortgage Next network. Our objective is to add real value to any broker who chooses the Mortgage Next brand.” Other benefits of Passport include a car leasing scheme, preferential rates with Goldsmith Williams Solicitors and a white label website facility.
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Alliance & Leicester has hit back at claims that its entry into the buy-to-let market is belated and shows a lack of commitment to the sector. A&L revealed in early August that it plans to enter the sector next year after feedback from intermediaries suggested they do so, but has come under fire from HBOS […]
Birmingham Midshires is poised to pull the plug on 48 of its 67 branches through a phased programme that is scheduled to conclude in March next year. Following the conclusion of the programme, existing BM branch-based customers will have the option of banking at their nearest Halifax branch. The majority of these are situated within […]
Around 20,000 people self-build their own homes every year, and its estimated that one in every four detached homes built in the UK is a self-build.But with the effects of global warming, such as increased flooding, being felt increasingly in the UK and around the world, Norwich and Peterborough Building Society is launching a competition […]
Webline, the UKs largest and first online user of Origo standards, today announced that Avail, the specialist Suitability software provider which is now integrated with the portal, is providing a free pensions simplification report for users.The Avail software template will enable advisers to complete a bespoke and client specific report, detailing the actions required to […]
Most of us would agree that pensions were complicated enough before April 2015, but since the pension freedom changes came into effect it has got a whole lot worse.
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