The product is aimed at the medium adverse range.
Peter Charge, director of national accounts at edeus, said: “For our exclusives, we have selected four of the most prolific and well known packaging firms in the industry and this is just a taster of what we have planned for 2007. We believe in the packager market and choose our business partners carefully starting with these associations, who we feel we can grow our business with and have the same long term goals. The products we are giving them today are just the start of a full range to be launched in January.”
Jon Turnbull, sales director for Chase UK, commented: "We have been dealing with edeus since the start and have done phenomenal levels of business with them. The addition of some packager only products demonstrates edeus’ level of commitment to our market. We have had a glimpse at their thoughts for next year and they are certainly working to the right plan for the packager market.’’
Phil Jay, managing director from BDS, added: “Once again edeus has anticipated the market and launched some cracking deals. I am delighted to offer these via BDS – I’m confident they will be well received.”
Paul Robinson, chief executive officer of Solent Mortgage Services commented: “With the new range, edeus is demonstrating that we have only just started to glimpse the potential they have to be a leader in terms of product to go with their already well established technological expertise. It is also good to note that they are committed to the packager channel as a vital part of their distribution model.”
Amo Rupra, director of Mortgagematch Homeloans, said: “We are delighted to offer an exclusive product with edeus. Since their launch edeus have made a significant positive impact on our business, we have enjoyed working with them and look forward to continued support in 2007.”
Terry Pritchard from Case Consulting added: "Given the previous reputation about a negative feeling towards packagers I have been astounded by the level of help and support provided by edeus’ management team to date, and I am confident that the plans for 2007 will have many other lenders looking at themselves closely. This small taster as an exclusive to our packager partners is just a start of our development which will continue indefinitely. Watch this space!”