The Mortgage Alliance (TMA) has embarked upon an exclusive link with eConveyancer subsidiary QuickQuote4u.com to offer directly authorised (DA) intermediaries the ability to create a client facing comparison website designed to generate their own mortgage leads as well as offering access to a wide range of ancillary products.
Such a website will allow consumers the ability to access and search for a mortgage, life and conveyancing deal via the extensive QuickQuote4u.com comparison platform. TMA explains that intermediaries are then alerted when the customer registers an enquiry from the website so they can make contact quickly in order to try and secure the business.
The platform also offers other potentially new income generating opportunities such as wills, energy performance certificates and surveys.
TMA says the broker is not tied in any way and is completely free to place the resulting business with any lender or organisation they wish.
The discounted cost of the system available through TMA is a one off set up payment of £150 and a subscription of £50 per month although if firms complete three conveyancing cases per month through this system with eConveyancer then the monthly subscription will be free.
TMA is currently the only mortgage club in the intermediary market to have forged a link with QuickQuote4u.com in this way.
Phil Whitehouse, head of TMA, said: “It’s become increasingly evident that intermediaries have had to channel their energies across many other areas of financial services to fulfil the requirements of new and existing clients and open up new income streams. Inevitably to do this firms have also had to embrace technological advances as increasing numbers of consumers have become financially savvy and are utilising the internet in the sourcing and even placement of some products and services connected to the home buying process and beyond.