The initiative gives packagers:
- Dual branding of the products
- Production of the offer pack at the packagers offices
- Semi exclusive deals
- On-site underwriting
- An integrated website to provide branded decisions and approval in principles
Commenting, Alison Hutchinson, Managing Director, Kensington Mortgages said: “At Kensington we are continuing to listen to our customers to develop our service propositions to meet their business requirements and priorities. This new initiative starting with seven packagers shows our commitment to meeting their needs. We have given our branded partners more involvement in product design, on-site underwriting and quality training and forums. The co-branded arrangements are a significant development and will deliver substantial benefits to customers.”
The 7 packagers working as partners with Kensington Mortgages are:
- Advantage
- EM Financial
- Praxis
- Solent
- The Finance Centre
- Complete
- Mortgage Next
Continuing, Alison said: “Education and information is key in our industry, to ensure that out partners were up to speed with the production process, we ran a comprehensive training course. This was very well received by all our accounts.”
