The High-Wycombe based national packager is now a member of Fareham-based RAMP along with County Group, Solent Mortgage Services, MD Nationwide, Enterprise Homeloans, The Finance Centre, Vesta Money, EM-Financial, Pavillion and IMB.
Beacon Mortgages joining of RAMP takes the alliance’s collective mortgage turnover to over £4bn per annum. RAMP members now account for more than 40% of all sub-prime mortgage completions in the UK.
Brian Pitt, Managing Director of Beacon Mortgages, said: “This is good news for Beacon and good news for our customers. RAMP membership will give us first-rate compliance support and access to some of the best products available on the market today.”
John Rice, Managing Director of RAMP, said: “We now have 10 national packagers on board, who represent the largest single slice of the non-conforming market, and a growing lending panel of 15. Our significance is growing stronger by the week.”
RAMP’s lender panel consists of: Kensington Mortgage Company, First National, Preferred Mortgages, Commercial First, Capital Home Loans, Igroup, Platform, MPLC, SPML, Future, The Mortgage Distributors Co-operative and the GMAC brands of Victory Homeloans, Enterprise Homeloans, County Homeloans, EM-Financial Homeloans and Pavillion Homeloans.
