View more on these topics

SMS and First National announce branded lending partnership

Branded mortgage arranger Solent Mortgage Services and specialist lender First National, part of GE Money Home Lending, have today announced a branded lending partnership, Harbour Homeloans. This partnership is the latest development in GE Money Home Lendings growing programme of branded lending associations.

This announcement demonstrates the commitment GE Money Home Lending and SMS have to working together to provide first-class value and service to the broker market. As part of the branded mortgage arrangement, a GE Money Home Lending underwriter has been deployed onsite at the head office of SMS, to enable the branded mortgage arranger to provide even greater speed and efficiency of service.

Through this branded relationship, GE Money Home Lending can offer First National products tailored specifically to meet the requirements of SMS and its customer base. The range of exclusive products supplies Solent Mortgage Services with an innovative and high-quality portfolio, enabling it to provide greater customer choice and increase revenue.

Judith White, national sales manager at GE Money Home Lending, say: The relationship with SMS is another step forward for GE Money Home Lending, and is part of our ongoing commitment to branded lending initiatives.

We are pleased to launch this partnership and believe it is an excellent move for both companies. Branded lending is a core part of our distribution strategy and we aim to continue building these valuable relationships with packagers and branded mortgage arrangers such as Solent Mortgage Services, in order to develop and maintain our strong position in the marketplace.

Ian Balfour, sales and marketing director of SMS, says: SMS is pleased to add First National to our fleet of branded partnerships. Under the new Harbour Homeloans brand, we are looking to build on our existing good relationship with GE Home Lending and bring the added benefits which branded lending will bring to our brokers.

Recommended

BoE releases mortgage figures for September 2005

The Bank of England today released its mortgage figures for September 2005, which show a steady increase in the market for home loans. Total net lending to individuals in September increased by 9bn, broadly in line with the 8.9bn increase in August and the previous six month average. Within the total net lending secured on […]

1

LHA Pathfinder report highlights letting activity

Key early findings from the evaluation of the Local Housing Allowance Pathfinders, are published today. The report is part of a series that gives feedback on the evaluation and looks at the early impact of the LHA on landlords and letting agents, around a year after its introduction in each of the nine Pathfinders. The […]

Mark Lofthouse, CEO, Mortgage Brain

“Many thought M-Day would strangle business but we’re all still thriving. Brokers now use more features in Mortgage Brain, and electronic trading has gone through the roof.”

Friend confirms he is joining Money Partners

Money Partners has confirmed rumours that Kevin Friend, former director of sales at Scottish packager Opus, has joined the Middlesex- based lender as head of strategic partnerships. Friend left Opus earlier this month, saying at the time that after two years with the Glasgow-based packager he was looking for opportunities closer to his home in […]

Canada Life annual IHT survey results

75% of wealthy unaware of new residence nil rate band IHT allowance Just 4% were aware the new allowance will be up to £175,000 per individual Lack of awareness of IHT rules means families risk paying a bigger bill than they need 83% think the current inheritance tax rules are far too complex A remarkable […]

Newsletter

News and expert analysis straight to your inbox

Sign up