The Hampshire-based packager is offering the complete range of Mortgages plc products and, as part of the agreement, Mortgages plc will provide an on-site underwriter and on-site offer and completion facilities.
Commenting on the agreement, Phil Jay, operations director for BDS Mortgage Desk said: “BDS have always been keen to use lenders who are prepared to offer them in house underwriters. It is important to us to have as much control over the processing of applications as possible, and with the Mortgages plc agreement we are able to control every aspect of processing, underwriting and completion. We believe that this has got to be the way forward for the serious mortgage packager.”
Peter Beaumont, sales and marketing director at Mortgages plc, added: “Branded lending is a key growth area for Mortgages plc and we are delighted to launch with BDS Mortgage Desk. As an experienced and well-respected company, BDS was an obvious choice for us and is one of the packagers who will benefit from our soon to be launched ‘Elite’ service. As an ‘Elite’ status packager they will enjoy a preferential standard of service and have access to a range of exclusive products.”
