The lenders, Platform, Kensington Mortgages, Bristol & West, SPML, Preferred and The Mortgage Business (TMB) have all developed a range of exclusives, representative of whole-of-market solutions, designed to provide intermediaries with a range of products all available from one packager.
Matthew Bright, managing director at Optoma, said: “These exclusives are testament to our position in the market place and to the strong relationships we have developed with our processed panel lenders. We have some great opportunities for our intermediaries in 2005.”
Following a story broken by Mortgage Introducer on 18 December 2004, Optoma has announced that its general insurance (GI) tie-in with the Halifax has so far proved successful for all parties.
The tie-in, whereby packaged cases without an attached insurance sale will be contacted by the lender with any resulting proc fee being passed onto the broker, was launched in mid-December last year.
Andrew Seymour, chairman at Optoma, said: “We are a service-driven organisation and will continuously strive to find additional ways in which we can support our intermediaries. This involves no extra work for our brokers, just an enhanced proc fee with Halifax paying £45 per referral. We look forward to providing similar solutions in the near future.”
Mark Fenton, director of Fenton Simpson Financial Services, said: “It is an interesting proposition that Optoma has with the Halifax. I believe that the Halifax offer, with comprehensive cover and services such as these, will benefit customers.”
