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Manor Mortgages receives full authorisation

The Manor Mortgages Network offers whole of market lender access, multi or single tie life options, point of sale compliance and will leave procuration fees earned by the introducer untouched.

James Harries, sales and marketing director, says: “A good realtionship with the FSA is vital going forward. As far as we are concerned, it&#39s embrace the future or be damned – it really is that simple. As a well established packager we receive business from a wide variety of

sources.

“We have so far offered appointed representative and appointed introducer status solely to existing business contacts; so we know them, and they know us. Time is clearly running out, but those whose network choice has not received and MTA letter or full authorisation yet, should be asking why and really thinking hard about the decisions they are making.”

Dave Stephenson, managing director, says: “Our network plans fit perfectly alongside our strategy of working with our directly registered brokers and our representation on clubs and panels. We are limiting the number of AR positions available to 50 firms only and we realise that we do not want this to impact on our core business of servicing the needs and requirements of our directly registered individuals.”

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