ER Network has joined forces with packager Smart Money.

ER Network was formed in 2005 as a support network for mortgage advisers and financial planning professionals across the whole industry.

Smart Money, which launched in 2009, is a second charge packagers operating with dual head offices in Cheshire and in Glasgow.

Eddie Chisholm, director at ER Network, said: “Our aim has always been to provide our members with as much support as possible so that they can service their clients efficiently and increase their sales and profitability.

“As the EU Mortgage Credit Directive approaches, second charge lending will become a key lending product and we felt it was vital that we partner with a company who not only has the expertise in this arena that would give our members the confidence to work with but also shares our values on service & compliance.

“Smart Money satisfied all these areas with aplomb and having an office in Glasgow makes the partnership even sweeter as they’re perfectly positioned to provide external training to our advisers where needed.”

Craig Gallacher of Smart Money in Glasgow, added: “We’ve worked with a number of ER Network members over the last five years and the quality of their second charge referrals we’ve received has been exceptional, so I’m delighted that Eddie has chosen Smart Money as their preferred packager and to extend the partnership to the whole network.”