edeus signs up 5,000th intermediary

edeus, the mortgage lender created by Michael Bolton and Alan Cleary has signed up its 5,000th intermediary.

It reached the 5,000 mark its target for the end of 2006, just 10 days after launch.

Alan Cleary, managing director of edeus says: Brokers have embraced the edeus story. Although we were certain brokers would be interested in the edeus model even we were bowled over by the level of interest its surpassed our wildest dreams. It proves what we have said all along that edeus is to mortgage manufacturing what the Rolls Royce Phantom is to the Ford Model-T.

Cleary stresses theres still time for those who havent signed up to do so and be ready to start sending applications to edeus from the launch day in mid September. Intermediaries that sign up before day one will benefit from the 75 bonus proc fee.

edeus unveiled in July is set to become a major new player in the UK specialist mortgage lending industry. The company was set up by Michael Bolton, Alan Cleary, John Nixon and a team of seasoned mortgage professionals.