PMS has launched a new commercial partnership with specialist broker largemortgageloans.com to deliver a large loan referral service for PMS members.
Largemortgageloans.com specialises in mortgages of between £500,000 and £50m and has expertise and experience in creating tailored solutions for brokers and their clients.
Martin Reynolds, development director of PMS, says: “We are all aware that the financial services world is changing at a rapid pace and we all need to explore all avenues open to fully meeting the needs of our clients. This new bespoke service provided by PMS and largemortgageloans.com will truly offer a previously unavailable source of funding to the general broker marketplace.”
Paul Welch, managing director of largemortgageloans.com, adds: “With the high street lenders making sweeping cuts to their product ranges and criteria, even treating bonuses differently, brokers may be finding it hard to place large mortgage loans at the moment, with a resulting loss in revenue. That’s where largemortgageloans.com aims to help PMS brokers and their clients.”