First Mortgage Options has opened offices in Edinburgh as part of its plans to offer products and services to mortgage intermediaries throughout the UK.
The lending panel will include both specialist and mainstream lenders and secured loans and commercial lending facilities will also be available.
Kevin Friend, sales and marketing director of emfinance.com, the UK's first online mortgage brokerage and former business development director at The Mortgage Operation has been appointed managing director.
He says “I am delighted to have the opportunity to work in Scotland once more - I understand the demands of the market and look forward to establishing FMO Scotland as a company known for service excellence and competitive products.”
FMO Scotland will be opening its operations centre in Glasgow early in 2004, it continues to recruit experienced industry personnel to accommodate its plans.
First Mortgage Options currently packages for 12 lenders with 35 on its direct panel, coupled with agreements with various lenders to offer their products in Scotland.
Debbie Lloyd, FMO operations director says: “The move to Scotland has been made easier by the web based technology FMO employs to support its operation and fully expect the servicestandards in Scotland to be excellent.”