To qualify for the free valuations and free legals, brokers must use Enterprise’s EDGE system upfront, to source solutions and checklists from its panel of lenders and then submit the generated checklist with the application.
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Michael Clapper, chief executive officer at Enterprise, said: "With recent rate rises, now will be the time many clients will be looking to consolidate their finances.”
EDGE offers intermediaries and networks a compliant audit trail for non-conforming business. It is integrated with many of the major lenders, for online and off-line Key Facts Illustrations, binding decisions and submissions.
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The ‘free legals’ element is run in partnership with Goldsmith Williams, which must be instructed to qualify.
Commenting on the deal, Phil Perry, director at ARK Financial Planning, said: “Offering free legals and valuations is nothing new – there are lots of high street mortgage lenders that will already offer these. However, anyone who offers something for nothing will get a response and this deal may lead some intermediaries into using Enterprise and trialing its non-conforming sourcing system.”
