PI Financial has selected Smart Money Ltd as its preferred partner for the provision of second charge loans in advance of the implementation of Mortgage Credit Directive (MCD) in March.

PI Financial was established in 1991 with the aim of providing “first class financial advice” to both individuals & corporate clients.

Sam Sussums, director at PI Financial, said: “As the EU Mortgage Credit Directive approaches we wanted to ensure that our network members were equipped to provide their clients with the full range of lending options the changes require of them.

“After meeting with the management team at Smart Money on a number of occasions and having seen the delivery of their second charge training to our members, I’m confident that we share the same values & that this partnership will add real value to our members.”

Paul Crewe, managing director at Smart Money, addeD: “I’m absolutely delighted that PI Financial have chosen us as their preferred master broker and we look forward to continuing working with their members across both England & Scotland.”