A new mortgage brokerage founded by former Connells executive Stuart Dare has launched with a national contract to support eXp UK and has joined HLPartnership as an appointed representative.
Nexpad said its model is designed to link estate agency introductions more closely with regulated mortgage advice, with the aim of improving coordination during the home-moving process and reducing delays caused by fragmented communication and late-stage administration.
The business has been founded by Dare, the former managing director of mortgage services at Connells Group, who previously led the Connells and Sequence mortgage operation and oversaw a network of almost 600 advisers.
The new firm will operate as an appointed representative of HLPartnership, using the network’s compliance, operational and technology infrastructure. Nexpad said this would give it access to product coverage, supervision and case management support as it develops a national advice proposition tied to estate agency introducer routes.
EARLIER ADVICE MODEL
The brokerage’s launch is underpinned by a national mortgage services contract with eXp UK. Nexpad said the arrangement is intended to give customers a clearer route from estate agency introduction to mortgage advice at an earlier stage in the transaction.
That earlier engagement, the firm said, should help cut avoidable delays by improving affordability visibility, reducing repeated information requests and giving customers a better understanding of the next steps in the buying process.
Dare said: “Home buying is time-sensitive and often slowed down when advice is introduced too late. Nexpad has been built to bring regulated advice into the process earlier, improve coordination and support good consumer outcomes.
“Securing a national contract with eXp UK gives us a strong starting point. Combined with HLPartnership’s infrastructure, oversight and technology, it allows us to build a scalable brokerage aligned to estate agency networks while maintaining high standards.”
NETWORK SUPPORT
HLPartnership said the appointment reflects its strategy of supporting advice businesses that work alongside introducer-led distribution models, provided those relationships sit within a clear governance and compliance framework.
Nexpad will use HLPartnership’s technology platform to support introducers, advisers and clients through the advice process, with the stated aim of improving case visibility, communication and oversight.
Christopher Tanner (pictured), chief executive of HLPartnership, said: “We are pleased to welcome Nexpad to HLPartnership and to support Stuart in building the firm. Stuart brings significant experience in estate agency-linked mortgage advice, and the eXp UK contract provides a strong foundation for growth.
“Supporting estate agency-aligned advice propositions is an important part of our strategy. Where introducer routes are involved, advice must be delivered within a robust governance framework and supported by the right infrastructure.
“Through our compliance oversight, product access, bespoke technology stack and practical support, we provide the platform that enables firms like Nexpad to manage introducer relationships responsibly and deliver suitable advice with good consumer outcomes.”
Nexpad is also recruiting experienced advisers for a self-employed model aimed at those who want to work within estate agency introducer channels while using the infrastructure and support available through HLPartnership.
