Available from 8 July, the overseas mortgage product will focus on six markets, Spain, France, Portugal, Italy, Ireland and Germany with hot spot destinations added throughout the year such as Cyprus, Bulgaria, Morocco and Dubai.
Simon Williams, head of business development at paaleads.com, said: “This is an exciting time for us especially in the current climate where diversification is becoming ever more crucial for businesses. Whilst the domestic market is increasingly challenging, there seems to be little effect on the number of UK nationals looking to buy abroad.
“The overseas market remains as buoyant as ever and over the past twelve months overseas mortgage leads have been the most requested new lead type. Our infrastructure allows us to develop this new product area quickly and we’ll be delivering these leads to advisors in the same way we do with the traditional lead types.
“We believe this will be another option available to advisors to help grow their client base and won’t just appeal to specialist overseas mortgage brokers, but also to new and existing UK mortgage brokers.”
The lead types will be for the country the property is required in, although the consumer will have indicated whether they’re looking for purchase, remortgage or buy-to-let. Lead details can be in either Sterling or Euro.
