It is offering a refund of valuation up to the value of £270 on mortgages from a range of lenders including Kensington Mortgages, London Mortgage Company, Mortgages plc, Preferred Mortgages and Southern Pacific Mortgage Limited (SPML).
The packager is also offering a free mortgage lead for any case that goes to valuation for any of their lender partners. The leads are sourced through the personal finance website moneysupermarket.com.
Vanessa Blount, general manager of m2-d&p, said: “The double offer benefits the broker and the client with mortgage applicants receiving a refunded valuation and the intermediary getting a mortgage lead to allow them to write further business.”
“Part of being a competitive packager is providing incentives that help grow the market. This offer was developed by listening to the brokers and is aimed at making their jobs easier,” Blount added.
Rod Murdison, proprietor of Murdison & Browning said: “It all depends on if the lenders have competitive products. If they do then it will be beneficial, but if they don’t then it defeats the object.”
