TMB managing director Nigel Payne has pledged that the HBOS subsidiary will become the number one lender for packagers.He says in the coming months The Mortgage Business will enhance its distribution strategy and strengthen packager relationships. TMB already deals with a significant number of packagers and will develop existing relationships as well as boost its business with others. Payne says that providing support to packagers is key to TMB’s vision. The lender will be enhancing its online system to ensure better compatibility for packagers and will also be launching targeted products. He says: “Packagers will be a core focus for TMB. Unlike most lenders who deliver their proposition to the whole market and then try to sell it to packagers, TMB will be developing its proposition specifically for the packager market. We will continue to focus on providing specialist mortgages via intermediaries and packagers.” Despite increasing industry speculation regarding the future of packagers, TMB firmly believes this area of the market will grow and flourish. TMB is working with regional packagers to help them generate more mortgage business. This is part of the lender’s philosophy of helping packagers grow. Payne, together with TMB director of sales Peter Charge, has started visiting a number of packagers with which the company has strong relationships to demonstrate TMB’s commitment in this area. Chris May, director of Mortgage Times, says: “This renewed vitality in taking the high ground in a market that is crying out for support should be applauded and we hope to do a lot of business with TMB over the next twelve months.” Payne adds: “Face-to-face communication will go a long way towards cementing existing good relationships, as well as helping to forge new ones. TMB is here to stay.”
- Top trends
The Royal Institution of Chartered Surveyors is advising people to prepare their homes for winter and stop the predicted harsh weather from taking its toll on their property, heating and maintenance bills. RICS say that properties are vulnerable to attack both from the outside elements and the moist, warm conditions that build-up inside during the […]
Mortgage Business Expo has teamed up with image consultants Dress2kill for the London Expo on November 16 and 17 2005. Visitors to the Expo at Earls Court 2 will for the first time be able to pay the image doctors a visit and get the prognosis on their fashion health. If your suits are flatlining […]
Mortgages PLC is announcing a number of enhancements to its product range as part of a winter special promotional campaign. The enhancements include rate reductions of up to 0.5% and a number of changes to criteria and underwriting processes.The winter special includes all three-year fixed rate mortgages reduced by 0.5%, all two-year fixed rate mortgages […]
Moving house can be one of the most stressful experiences of peoples lives, but buying a new home rather than an older property can help to cut the stress levels according to SmartNewHomes.com, the UKs leading new homes website.Some of the top causes of moving-related stress are broken chains, dealing with estate agents, and making […]
Dental, optical care and physiotherapy are the most popular health cash plan benefits across the UK, according to a recent survey of Health Shield members.
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