Jim White's Mortgage Solutions and mortgageforce have combined in a national distribution and fulfilment deal.
As part of the new arrangement, mortgageforce mortgage advisers will visit Jim White's Mortgage Solutions clients who want a face-to-face meeting in their own homes, thereby complementing Jim White's telephone and Internet-based services. Both companies expect this personal service will increase the conversion rate of mortgage enquiries into completed applications.
Bournemouth-based Jim White's Mortgage Solutions is one of the UK's leading suppliers of mortgages in the non-conforming market. Earlier this year the company was voted 'Best UK Broker – Non Conforming' at the Mortgage Strategy Awards. The firm specialises in providing mortgages and remortgages for clients with CCJs, mortgage arrears, defaults and those with no credit history in both the residential property and buy-to-let markets.
Robert Clifford, managing director at mortgageforce, says: “Our two companies have a great deal of synergy and are both pioneers in our respective areas of specialisation. With nearly 100 consultants, mortgageforce has one of the UK's largest sales teams dedicated to mortgages whilst Jim White's Mortgage Solutions has a fabulous consumer brand which is highly regarded as a sub-prime leader.”
Jim White's Mortgage Solutions managing director Jim White says: “This new link with mortgageforce will enhance the range of services we are able to offer clients throughout the UK and further strengthens our position as a leading provider of mortgages in the non-conforming market - an area which we see becoming increasingly important over the next few years.
“Both companies recognise the fact that, due to the current economic climate, the non-conforming mortgage sector is likely to experience significant growth over the coming year. Our link with mortgageforce will also give clients added peace of mind that they are dealing with respectable and professional companies whose prime aim is to provide a personal service and mortgage products which best suit their needs.”
If successful, the link is likely to be the first of major strategic alliances between the companies to increase their penetration in the UK mortgage market.