The Adviser Alliance partners with Brilliant Solutions

Published on

The Adviser Alliance will deliver its mortgage club proposition with Brilliant Solutions.

The direct to lender mortgage club and specialist packaging business has been chosen to provide the operational support that will enable The Adviser Alliance to operate its subscription based model that allows a 100% profit share to be paid back to the broker.

Martin Stewart, co-founder and director of The Adviser Alliance, said: “This is a massive step forward for us and another key piece of the jigsaw is now in place. The efficiency of the Brilliant Solutions operation is incredible. It will allow us to deliver huge value to our members.

“The Adviser Alliance is a revolutionary new model, offering 100% of procuration fees back to brokers via a monthly profit share, in return for a modest membership fee. We can do this because we have the support of Brilliant Solutions, a business with a fantastic reputation and that has been active in this market since 1996.

“It’s real, it’s happening and the levels of interest from brokers and lenders alike is huge. It’s a shame that we initially at least must cap membership at 250.”

Matthew Arena, managing director of Brilliant Solutions, added: “We are delighted to partner with The Adviser Alliance to deliver a truly innovative service to the intermediary market. By stripping the proposition right back we can help The Adviser Alliance offer a 100% profit share on all procuration fee related profits for all brokers that are part of The Adviser Alliance.

“This is a big moment for the many brokers in the market who just look at mortgage clubs as a payment route. We are proud to have been selected to deliver it.”

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

Bank of England expected to hold interest rates at 4.5% amid economic uncertainty

The Bank of England is widely expected to maintain interest rates at 4.5% when...

£6.5k bill for homebuyers who miss stamp duty deadline

Rent and mortgage spending rose 7.7% year-on-year in February, as more homeowners moved from...

Advice Guru partners with Pure Retirement to support broker education

Financial adviser learning platform Advice Guru has announced a new sponsorship partnership with Pure...

Nationwide ups LTV limits for interest-only and foreign national borrowers

Nationwide has announced changes to its mortgage lending criteria, increasing the maximum loan-to-value (LTV)...

Other news

Bank of England expected to hold interest rates at 4.5% amid economic uncertainty

The Bank of England is widely expected to maintain interest rates at 4.5% when...

£6.5k bill for homebuyers who miss stamp duty deadline

Rent and mortgage spending rose 7.7% year-on-year in February, as more homeowners moved from...

Advice Guru partners with Pure Retirement to support broker education

Financial adviser learning platform Advice Guru has announced a new sponsorship partnership with Pure...