Gordon Covell, Managing Director, Point One Mortgages, commented: “We want our Members to have access to a broad range of quality lenders. As Point One is designed to be the single port of call for intermediaries, we aim to meet all their mortgage needs and look forward to working with a market leader like GMAC-RFC.”
Point One was launched in October 2001 for the mortgage broker, lesser regulated life assurance and general insurance market place offering full compliance support, exclusive product and commission deals. Point One is a sister company of Bankhall Investment Associates which was established in 1993 and is now the leading IFA support company for directly authorised firms. Point One is a service provider. It is not a network in the traditional sense, with the usual joining fees and ties.
Peter Izard, Key Account Manager, GMAC Residential Funding says: "We are delighted to be part of the largest support network in the UK, and recognise the importance of the service that Point One provides as we approach regulation".
