The appointment is part of Burns-Anderson’s drive to ensure their IFA appointed representative (AR) members have access to products and service from a mortgage arranger in the wake of the recent impact of both mortgage and general insurance regulation.
The tie-up followed a rigorous due diligence process as Burns-Anderson targeted a strong lender relationship to allow the development of exclusive products for its members.
Keith Dearling, director of Advantage Home Loans, said: “Burns-Anderson has a well-established integrated network and our appointment is a great opportunity for not only Advantage but also for Burns-Anderson’s members. Our appointment to the panel means ARs who have not yet dipped into the non-conforming mortgage market now have access to expertise that can help them expand into a rapid growth area.”
Mike Gamble, regulatory markets manager at Burns-Anderson, said: “By appointing Advantage Home Loans to the panel we have chosen a reputable company that has specialist qualities and strengths we are looking for to safely recommend to our members. This move is part of a larger drive to ensure our members throughout Britain have expert advice and access to mortgage products in the non-conforming markets.”
Matthew Bright, managing director of Optoma, commented: “It is a positive move for both parties. Advantage are a good provider; it just remains to be seen whether the limitation of the choice for intermediaries will be of benefit.”
