Sally Laker, Managing Director, comments, “ We have more than doubled the level of mortgage lending during the financial year to the 31 July 2003 thanks to strong demand from brokers for our exclusive products from major lenders such as BM Solutions, Mortgage Express and the Woolwich. Having such a comprehensive mortgage panel of 50 lenders, which represents the whole of market, has also been key to our success. This has meant that we have been able of offer brokers the choice they want, including a wide range of products particularly in the buoyant self-certification and remortgage sectors, which have grown significantly over the last twelve months or so.”
Sally Laker continued, “ Having already detailed our plans and costs, our focus looking ahead will be on helping brokers to prepare for the forthcoming FSA regulation and marketing our three new solutions, Spirit, Vantage and Elan. The Spirit network, for brokers seeking appointed representative status and Vantage, for those seeking direct authorisation from the FSA, will be available from October 2003 at a discounted rate until October 2004 and Elan is our fee-free mortgage club.”
