The partnership will allow clients contacting Mortgages Direct about overseas property finance to complete a pre-qualification form, which is passed on to Conti. All applications are underwritten by Conti.
Simon Conn, managing director of Conti Financial Services Ltd, explained that with more UK nationals seeking to buy property abroad, it was essential they obtain both legal and professional advice.
He said: “Any Mortgages Direct clients referred to ourselves are guaranteed expert guidance throughout their overseas property purchase.”
Steve Cox, operations director of Mortgages Direct, said: “Previously, we have focused our efforts towards customers wishing to buy a property in the UK. With Conti, we now have a home for our customers wanting to buy a property overseas, and are confident that our commitment to meeting customers’ requirements will now be undertaken as expertly for overseas property via Conti, as they are by ourselves in the UK.”
Paul Banfield, partner at Best Advice Financial Planning, explained: “This will really benefit the client. Often they are pointed in the direction of a lender if a broker cannot advise them, leaving them in limbo when it comes to accessing independent expert advice.”