MBSL has assembled a dedicated team to support brokers who would prefer to sidestep the packager option as part of its planned growth campaign into 2008.
The existing portfolio of products ranging from Near Prime Plus to Heavy Plus will be available to brokers direct.
Arif Darr, managing director of MBS Lending, said: “In launching the direct approach to the mortgage market we are able to offer affordability based lending, coupled with no higher lending charges and no early repayment overhang on all two and three year products.
“MBS Lending has invested in up to date technology which will be rolled out over the next month. This will enhance processes further enabling us to offer online decisions in principle, online KFI’s, as well as full mortgage applications online, whilst always backed up by our dedicated customer service team.”
