Mortgage club in online deal

Mortgage Promotions last week signed an exclusive deal to distribute Mortgages.co.uk\'s Premier Profile online broker listings to its members.

In November Mortgages.co.uk offered brokers free listings on its website where they can upload basic details of their companies for consumers seeking mortgages. It says some 3,000 businesses have already been attracted by this.

But the Premier Profile goes a step further by enabling the direct submission of client enquiries to advisers’ businesses.

It also allows companies to up-load more information about themselves, including photographs of staff and premises.

Quantum Mortgage Brokers signed up to Premier Profile in November and the firm says the listing acts as another shopfront for its wares.

Jonathan Burridge, managing director of Quantum, says: “With Premier Profile we get a much more in-depth entry where we can dis-play our wonderful Mortgage Strategy awards. It has added another string to our bow.”

Kevin Friend, strategic partnerships director at Mortgages.co.uk, says: “We saw a 300% increase in consumer demand for mortgage and financial advice following the Bank of England’s first significant rate reduction last year.

“Many brokers have little or no online presence and this facility enables them to be represented in a growing and increasingly important space.”


And Nick Baxter, managing director of Mortgage Promotions, says: “This deal with Mortgages. co.uk puts Mortgage Promotions and its members at the forefront when it comes to accessing new customers and generating new business for brokers.”