PMS goes back on its exclusives decision

Premier Mortgage Services has decided against withdrawing its exclusive products from the Mortgage 2000 Encore sourcing system saying it hopes any issues can be resolved.

On Friday PMS issued a statement saying it was withdrawing its exclusives with immediate effect. But following discussions with Mortgage 2000 managing director Sean Hornsby, PMS managing director John Malone says that for now he has agreed to keep its exclusives on the Encore system.

Malone says: “Sean and I will be sitting down next week. I would like a link allowing PMS members to access the MTE through Encore and be recognised as PMS members, which they cannot do.”

He adds he will give a period of time for this to be resolved but will consider withdrawing products if it is not.

Hornsby says: “If John wants this link for PMS members, he can have it. We just have to look at the best way forward from an IT point of view.”