The Mortgage Alliance (TMA) has reported a month-on-month rise in so-called ‘complex prime’ enquiries for the third consecutive month.

Following TMA’s agreement with AToM to provide its members with access to a range of exclusive products including complex prime deals back in mid-June, the mortgage club has seen enquiries rise steadily on a monthly basis. The TMA mortgage desk reports that roughly one-in-four enquiries are now directly related to complex prime products.

AToM’s complex prime offering arms TMA members with an alternative opportunity to place business that may otherwise be declined due to lenders ‘credit scoring’ DIP systems.

Phil Whitehouse, head of TMA, said: “It’s increasingly evident that brokers are struggling to place the growing number of non-standard borrowers who are failing lenders credit scoring. The ‘computer says no’ attitude to credit scoring has been highlighted in the press recently and with some just cause. It’s important that we support brokers and their clients in this area as many have a good