The offer applies to products from eight selected KGB panel lenders: Advantage, Edeus, GMAC-RFC, London Mortgage Company, Mortgages plc, Preferred, SPML and Victoria, and applies to remortgages only.
Rachel Bancroft, managing director of KGB Packaging, said: “This offer of reduced valuation fees on purchases and remortgages and free legal costs on remortgages will give brokers a significant advantage, providing them with an opportunity to attract higher business volumes. Few individual brokers have high enough business volumes to secure such valuable customer benefits in their own right, so we are delighted to be able to source these low cost, added-value offers and make them available to the broker community.”
Tim Sant, Head of Corporate Accounts of property services expert, LMS, said: “We are absolutely delighted to be working with KGB who have embraced our re-engineered remortgage process and offered it to their brokers adding real value to their product range. With the current economic climate, remortgaging will remain important to the broker market and by putting KGB in control of the legal process their introducers can be assured of improved service standards.”