Commenting on the achievement Nick Baxter, director at Mortgage Promotions, said, "800 members is a significant milestone. We are delighted to have achieved it in just over a year. With an average of three advisers per firm it now means that at least 2,400 advisers have access to the Mortgage Promotions product providers.”
Nick Baxter added, “We now have a significant number of members and they are using our services. At the end of our first trading year we announced that we had paid out to our members more than £1 million in procuration fee payments. Given our growth I don't see why we can't achieve the same figure in the first half of our second trading year.”
