Paymentshield Mortgage Club (PMC) is targeted at those who are directly authorised by the FSA and offers a compelling selection of lenders and products, coupled with some of the very best procuration fees available to this sector of the market.
There is a requirement for intermediaries to commit a level of their mortgage business to PMC in return for favourable terms, however the level of commitment required very much enables an intermediary to continue to trade as independent by allowing freedom to continue using other lenders if necessary.
Commenting on the launch, Ben Thompson, Head of Mortgages at Paymentshield said, “PMC is a logical extension of our service to intermediaries and has largely come about as a direct response to significant demand from those that wish to ideally have one point of contact only for their mortgage and related business and this effectively fills a gap for us. This is however only the first of a number of services that we intend to launch to those that are directly authorised by the FSA and we are excited about some of our future plans and how these will directly benefit intermediaries further. I would encourage people to strongly consider registering as PMC will over time start to bring about many benefits to those active in the mortgage sector”
PMC has also been made available on two mortgage sourcing systems, both Mortgage Brain and Trigold, in order to allow people choice, however there is an incentive providing free Mortgage Brain for the first 750 subscribers to the club that wish to use this sourcing system.
In order to register for PMC, intermediaries need to visit www.paymentshield.co.uk/mortgages or call 0845 615 100 for more information.
