Aldermore is offering a new commission override scheme exclusively to NACFB members.

The scheme is designed to provide NACFB members with an additional commission override payment, based on the value of commercial mortgage business submitted and completed with Aldermore in 2013.

This scheme does not replace the existing commission payments that NACFB members receive from Aldermore Commercial Mortgages when a loan application completes. It is an additional payment which will be made to the NACFB at the end of the year. The NACFB will then pay members an override commission based on the total value of business you have completed in 2013.

In order to qualify for override commission, a broker must be both an accredited member of the NACFB and a registered introducer with Aldermore Commercial Mortgages.

Aldermore has also agreed to continue to support the NACFB by helping to promote training and development needs of NACFB members for the future.

“Aldermore is delighted to offer this scheme to NACFB’s brokers, who play an essential part of our business and as the leading sponsor for 2013; it’s fantastic to be involved in a scheme that will benefit them,” said Rob Lankey (pictured), managing director of Aldermore Commercial Mortgages.

Adam Tyler, the NACFB’s CEO, added: “This new scheme for the new year shows the commitment that Aldermore are making to the NACFB and its members for the future.

“We have negotiated this arrangement to ensure that commercial finance brokers who comply with a code of practice are recognised for their standards and professionalism.”