Intelligent Finance, the offset bank from the Halifax, has signed up APS Europe mortgage club to promote the bank's products.
APS Europe is a direct submission mortgage club whose membership over the last 12 months has increased by around 200% to 350 brokers nationwide ranging from one-man bands to specialist mortgage brokers to IFAs. APS has seen its panel of lenders grow from 30 when it launched last year to 38 with the appointment of Intelligent Finance.
Based in Manchester, APS provides a help desk for brokers covering all types of mortgage applications. There are no fees to pay or minimum levels of business required. Commission will be offered on all Intelligent Finance's products - mortgages, credit cards, personal loans, savings and current accounts.
APS director Ben Gardner says: “Intelligent Finance's share of the UK mortgage market has reflected an innovative style of lending which advisers and the public have responded to. By offering our brokers access to Intelligent Finance, the lender is increasing its distribution channel and APS is increasing the choice for our registered members. We look forward to working with Intelligent Finance and promoting the brand and its products to brokers.”