Athena Mortgages’ new partnership package enables UK brokers to refer clients that are looking to purchase or refinance a French property, whether a holiday home, buy-to-let or sale and leaseback, and earn commission for it. Alternatively, it could be that the client wishes to release equity on a French property, which is particularly attractive at present given the strength of the euro.
Simply by introducing a client to Athena, brokers can earn up to 0.5% of the total loan amount if the mortgage application is successful and the sale proceeds. To help brokers promote the new French mortgage advice facility, Athena will equip them with a number of easily downloadable online marketing tools. These include banner ads and mini-mortgage calculators that can be embedded on their websites through to sleekly designed email-shots containing market reports and best buy tables that can be sent to a broker’s client bank.
Post introduction, brokers will be kept up-to-date on the progress of their client’s mortgage application via a dedicated account manager and online CRM interface. At an early stage they will also receive detailed and individually tailored financial simulations that they may wish to discuss with their clients.
The referral process is as simple as this: Athena Mortgages receives a lead from the broker via e-mail, telephone or an online form accompanied by a unique ID; Athena contacts the client to discuss personal circumstances, loan preferences and to establish maximum borrowing potential in France. Athena then communicates this information to both the broker and the client and, should the client wish to proceed, initiates the documents gathering process, overseeing all relevant paperwork
The broker is paid commission when the French lender pays the commission to Athena Mortgages, usually within a month of completion.
