By appointing Mortgages plc, Point One makes the non-conforming lender’s wide range of specialist mortgages available to a membership of over 4,000 brokers. Point One is designed to be the single port of call for intermediaries, providing them with all their mortgage, lesser regulated assurance, general insurance and commercial finance needs.
Peter Beaumont, Sales and Marketing Director, Mortgages plc, said: "Mortgages plc is delighted to be on the Point One panel of lenders. As has been well documented in the press, it is key for product providers to get on the panels of the leading networks. Bankhall Point One certainly fits this description."
Gordon Covell, Managing Director, Point One Mortgages, said: "The non-conforming mortgage market is an important growth sector for our members, accounting for about one in five borrowers and about 10 per cent of all secured lending, and is set to grow further. As Point One is designed to be the single port of call for intermediaries, we aim to meet all their mortgage needs and look forward to working with a market leader like Mortgages plc."
Mortgages plc has recently launched a new range of straightforward mortgages, designed to offer non-conforming borrowers a wider choice of products. The range takes a simplified approach to adverse credit and has easy to understand rates and discounts.