The independently owned Milton Keynes-based network currently has a nationwide network comprised of 25 appointed representative (AR) firms with over 40 registered individuals providing mortgage advice.
Last year Modus Mortgage Network firms placed over £300 million worth of mortgage business across the whole of market and the firm has major plans for expansion in 2008.
The Modus Mortgage Network’s enhanced proposition consists of a number of innovative initiatives including:
• A FREE mentoring service for the first three months (longer if required) for all new AR’s and RI’s from vastly experienced advisers, each with a minimum of 15 years financial services experience
• Access to the Whole of Market
• A ‘member’s only’ packaging arm with enhanced proc fees and/or marketing allowances
• Free Trigold and Dashboard packages and additional access to a larger range of other sourcing/back office packages at discounted prices
• Enhanced Life, GI and conveyancing commission rates
• A members portal where members have unlimited access to a wide range of service offerings including case tracking, packaging, compliance, general insurance and conveyancing
• Comprehensive PI Insurance
• Modus offers practical 1-2-1, online and telephone-based TCF and compliance advice and guidance with regard to advertising, working practices and ongoing competency tests and a yearly compliance visit or as required.
