The appointment of the direct-to-broker arm of Money Partners now means that the range of products from the sister company will be available to both lender panels of over 2000 business writers and Mortgagebox’s Directly Authorised firms.
Members of Touch, PTFS and Mortgagebox will have access to online solutions, including the bespoke instant decisioning system ‘eDecision’, along with specialist telesales support and key relationship managers.
Dev Malle, sales director at PTFS, said: “It is essential that we continue to offer innovative propositions to our appointed representative and directly authorised membership. Money Partners Touch has recognised the power of direct distribution and has backed it with a compelling product proposition and a combination of electronic decisioning and human touch. It is great to be working with partners who understand what the broker needs to provide the best solution for their clients.”
Martin Gilsenan, sales director at Money Partners Touch, said: “Touch has a natural synergy with the highly experienced and well-regarded teams that have made PTFS and Mortgagebox market leaders in their fields. Their combined market reach is impressive. By adding our range of products and service, we’re confident their members will continue to see the benefits of membership.”
Rob Clifford, chief executive of Mortgageforce, said: “It is wholly predictable and appropriate that panels want to tap into the residential mortgage market as it is still a vibrant and successful industry. But getting intermediaries to broaden their thinking and sales process to incorporate residential mortgages will be the biggest challenge.”
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