This ‘one stop shop’, which has been three months in the planning, provides Compliance Support, instant contact to the Mortgage Times and its network panel of over 40 lenders and on-line quotes and transaction for Pure Protection products.
Direct Times membership is £150 per firm per month, which includes one registered individual. Additional advisers are charged at £75 per month each. Direct Times anticipates growing to 600 new members over the next two years.
The company will be headed up by Mark Grant; a former National Sales Manager with Countrywide Independent Advisers and more formally, a Corporate Sales Manager at Misys Financial Systems. Two high profile directors will be appointed in the coming weeks.
Grant comments:
“We’ve been working on the Direct Times concept since the beginning of this year and the initial response is promising. Direct Times is a viable option for brokers who want autonomy, independence and control of being directly authorised but who do not want to suffer the regulatory burden that compliance brings with it”.