Available through The Alliance of Mortgage Packagers and Distributors (AMPD) packager members, the Summer Sizzler product incentive is timed to coincide with Money Partners’ latest round of pricing reductions. These take effect from tomorrow (Wednesday 13th August) when all two-year fixed rates are reduced by 0.35% (35 basis points) and three-year fixed rates by 0.30% (30 basis points).
On top of the pricing cuts, AMPD members will be paying introducers an additional £100 procuration fee on all Money Partners completions where the application was received during the month of August 2008.
Liza Campion, product & lender relationship manager for AMPD, said: “Our new campaign is further evidence of the close and building relationship between AMPD and Money Partners. Having secured our place as a key partner on their select packager panel, we are proud to offer our introducers direct access to Money Partners’ full mortgage range.
“As the non-conforming sector continues to contract, it is refreshing to work with a lender that has a strong appetite and willingness to lend. This can-do approach extends to their service offering which, due to our members’ packaging expertise, is allowing Money Partners to offer on AMPD-introduced cases within 24 hours.”
