Under the terms of the deal TFC will market the entire Mortgages plc product range to intermediaries under its own umbrella, TFC Homeloans. Advisors will also be able to produce KF’s via a facility on the TFC Homeloans website.
Mortgages plc Sales & Marketing Director, Peter Beaumont, said: “We’re delighted to be providing TFC Homeloans with this branded lending facility. Our working relationship has gone from strength to strength during the past year and TFC has successfully positioned itself as one of the leading players in the mortgage distributor market.”
TFC Senior Partner, Wayne Smethurst, said: “Our strategy is to market as many leading mortgage products as possible under the TFC Homeloans brand. Mortgages plc’s new product range, launched in January this year, has proven to be extremely popular with both brokers and borrowers and we therefore have no hesitation adding it to our growing portfolio of branded products.”
Mortgages plc has a number of branded lending agreements in place with distributors including Genesis, Advantage Home Loans, Solent, Pink Home Loans, Mortgage Intelligence, Opus and Bristol & West.