JLM Mortgage Services has launched Master Private Finance, a new specialist mortgage desk.
Master Private Finance will offer products that include complex clients for residential and buy-to-let deals, secured loans, bridging and development finance, and commercial mortgages.
Network members will be able to work with it in one of two ways: to help with client placement and packaging with the lender panel members, or referring the client with Master Private Finance to complete a direct deal.
In either case the member will be paid the same commission and the client will continued to be owned by the adviser.
JLM Mortgage Services development director Jonathan Burridge says: “By offering our advisers a choice of how they engage with us, while not differentiating in their earnings, we hope that more will trust us to do the heavy lifting with their hard-earned clients – we will give the advice so that they can work on other client needs.
“We fully understand the importance of delivering a quality service and the price of a good reputation. Master Private Finance is all about ensuring those clients get the right product solution and that we can further enhance the business of those network members who use us.”