Consider the smaller mutuals, brokers told

Published on

National surveying firm Gateway is urging intermediary firms to build stronger links with the building society sector.

Gateway says that smaller niche building societies have survived the credit crunch and that feedback reveals a growing confidence amongst these societies that the corner may have been turned.

Gateway acknowledges that smaller building societies have generally not sought increased distribution via intermediary networks, while intermediaries had a wide variety of specialist lenders to choose from. However, there is now a greater willingness to lend than at any time over the past couple of years and brokers can and should benefit.

Marcus Radcliffe, managing director at Gateway believes that now is the time for intermediary firms to look closely at this sector.

He added: “The smaller

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Goldman Sachs discloses 3.15% stake in Secure Trust Bank

Goldman Sachs has reported a 3.15% voting interest in Secure Trust Bank following a...

Market Harborough launches rental scheme offering deposit contributions to first-time buyers

Market Harborough Building Society is offering aspiring homeowners the chance to recover 60% of...

Tipton adds discounted rates for expat and limited company landlords

Tipton & Coseley Building Society has expanded its variable rate buy-to-let mortgage range with...

WIS Mortgages sets out five-year adviser growth strategy

WIS Mortgages has announced a five-year growth plan centred on expanding its adviser community...

Nivo targets specialist lenders with AI-powered case management service

Nivo has launched an AI case coordination platform aimed at helping specialist lenders process...

Latest publication

Other news

Goldman Sachs discloses 3.15% stake in Secure Trust Bank

Goldman Sachs has reported a 3.15% voting interest in Secure Trust Bank following a...

Market Harborough launches rental scheme offering deposit contributions to first-time buyers

Market Harborough Building Society is offering aspiring homeowners the chance to recover 60% of...

Tipton adds discounted rates for expat and limited company landlords

Tipton & Coseley Building Society has expanded its variable rate buy-to-let mortgage range with...