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Cheval offers loyalty club

Bridging specialist Cheval has launched a loyalty club for brokers that gives them access to a range of benefits.

The Cheval Club gives intermediaries an exclusive first-charge interest rate of 1.25% per month and an additional procuration fee per completion of £150 paid by Cheval.

Among the additional benefits is automatic entry into a quarterly draw.

Those brokers attending Cheval’s current roadshow events are automatically admitted to the scheme, which provides members with a loyalty card and a unique membership number. Qualifying brokers who do not attend the seminars are also entitled to membership.

Gareth Lewis, national sales manager at Cheval, says: “The scheme is designed as a reward to brokers and we think the challenge going forward will be to keep offering benefits that make it attractive to them. So watch this space.”

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