Following the successful opening of company’s new headquarters in Birmingham, The Credit Centre PLC has started to recruit a total of 250 staff across seven UK sites.
The decision by The Credit Centre PLC to join forces with PMN takes the number of individuals and organisations who have applied to become AR members of PMN to over 130. Detailed negotiations are also underway with over 50 other potential members who have expressed a strong interest in the PMN fees-free proposition.
Under the terms of its new relationship with PMN, The Credit Centre PLC will immediately benefit from the market-leading MoRe compliance system – pioneered by PMN and regulatory experts RSM Robson Rhodes – as well as a suite of tailor-made support services.
“We are delighted to be an AR member of The Professional Mortgage Network,” commented John Davies, chairman of The Credit Centre PLC. “The face of the mortgage industry in the UK is undergoing massive change at the present time and it’s very important for us to have found a network partner that understands our needs – and is capable of delivering user-friendly systems that enable us to write quality business in a compliant manner.
“PMN is the perfect partner for us in this regard. I am very pleased with our relationship, which will develop as we grow our business at a number of sites across the country.”
Dale Knight, managing director of PMN, echoed the enthusiasm of John Davies. “We are pleased to welcome The Credit Centre to the PMN fold,” he said. “The profile of the business John is building is perfect for us. It’s strong, dynamic and entrepreneurial – all of the traits you would associate with an ambitious, forward-thinking business.
“We will add value be providing a solid foundation, courtesy of MoRe, and our Trigold-based sourcing software. We will working closely with John and the wider Credit Centre team to ensure that compliance doesn’t become a burden – it becomes the real business enabler we all know it to be.”
PMN’s proposition caters for Appointed Representatives and individuals and firms seeking to become Directly Authorised by the FSA. All members, regardless of their membership status, pay a one-off administration fee of £399 at the time of joining PMN. Thereafter there are no monthly fees or charges.
In addition, PMN boasts one of the largest lending and insurance panels – and ensures members receive the full procuration fee or commission from its accredited product providers.
