Promise to help with complex cases

Published on

Promise Solutions is to offer advice and packaging services for brokers with their more difficult mortgage cases.

This, the distributor says, will include a full advisory and processing service which allows brokers to hand over the entire case and still earn an average of £1000 plus still sell their own protection products.

Steve Walker, managing director of Promise Solutions, said: “Our introducers regularly ask for help placing mortgage cases so we have joined forces with industry experts to provide the help our brokers need. Many brokers feel complex cases are more trouble than they are worth and a small percentage of their cases can take up a large proportion of their time.

“Our introducers now have the option to refer such cases to a complex mortgage specialist who will take over the case completely and pay an average commission of over £1000.

“Some of the most common areas where brokers ask for assistance include, self employed with only one years accounts, historic adverse credit and missed mortgage payments, declined credit score, unsecured arrears and full consolidation mortgages.

“We expect this new service, combined with our secured loan expertise, will help brokers convert even more cases, especially when lenders seem to be making mortgages more difficult to place.”

Latest POLL

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

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Rosemount Financial Solutions announces senior promotions

Rosemount Financial Solutions (IFA) has announced a series of senior promotions as the growing...

L&G adds Harpenden Building Society to surveying services panel

Legal & General (L&G) has expanded its Mortgage Services business with the addition of...

HTB appoints Alexia Evans as lending director to strengthen development finance team

Hampshire Trust Bank (HTB) has appointed Alexia Evans as lending director within its development...

Other news

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Rosemount Financial Solutions announces senior promotions

Rosemount Financial Solutions (IFA) has announced a series of senior promotions as the growing...

L&G adds Harpenden Building Society to surveying services panel

Legal & General (L&G) has expanded its Mortgage Services business with the addition of...
Advertisement