This now ensures that brokers and their clients get the same deal financially by going to Advantage as they would going direct to the lender.
Kate Huet – marketing director at Advantage said:
“There is a perception in the market that to get the biggest deals available a broker has to go direct to the lender, this is incorrect in Advantage’s case, and brokers need to realise quickly that the direct to lender route is actually only one option, not THE sole option.
"At Advantage we have been enjoying the fact that brokers want to place business with us because of our service levels, and I am delighted that GMAC-RFC recognise that we can provide volume and exactly the same route to market with increased conversion opportunity as indeed they can themselves.
Brokers have a real choice, and they need to consider that direct is not the only option available to them where it’s a binding decision from an online dip that is required.
Great service means that the processing and completion is smooth, quick, trouble free and leaves the broker able to spend more time with more clients to earn more money by letting Advantage do all the legwork. With our well above industry average conversion ratios – Advantage are a safe pair of hands as an alternative option.”
The G200 'box product' range consists of non-conforming products from near prime through to heavy adverse for full status and self-cert, right to buy and buy to let deals. The whole range offers a £250 cashback on purchases and a £250 cashback OR free legals on remortgages. Two year fixed rates starting from 5.79%.
Shaun Jelfs – corporate account sales manager at GMAC-RFC added: “I’m not surprised that Advantage are launching this deal. They have their finger on the pulse when it comes to meeting the needs of the mortgage intermediary. Advantage are a great example of how successful the Remote Processing proposition has become”