KGB launches mortgage club

KGB, has launched its First Source Direct mortgage club, to increase the amount of lenders and submission options that it can offer to its brokers.

The service is free to all Financial Service Authority regulated intermediaries, and there is no minimum business requirement. Paper applications will carry a First Source Direct sticker, and the club is established on all panel lender websites as a distributor choice for online cases.

Rachel Bancroft, managing director of KGB, says: “With today’s launch of KGB’s mortgage club we now have our own 60 lender mortgage club panel offering competitive broker fees and a good range of exclusive products.

“The new mortgage club facility has been introduced as complementary to our established packaging service. The new facility will give added choice to brokers that wish to use a mix and match approach to sourcing mortgage products.”