In addition the unit has qualified advisers to help brokers’ clients, a no cross-selling guarantee and an opportunity for brokers to earn half of any commission from the selected life company.
Tom Baigrie, managing director of Lifesearch, said: “Life rates can change daily and many mortgage brokers do not have the time to search for the best rate on the market and the right policy for their clients. With one call to LifeSearch, we will scour the market and find the best deal around that suits each individual’s needs. Even for those mortgage brokers used to placing this business themselves, the net margin and extra expertise should prove unbeatable.”