It collectively handle £3.5bn worth of mortgage completions per year.
RAMP is working closely with its lender panel to foster symbiotic relationships between packagers and lenders. RAMP provides lenders with fully compliant applications, agreeing procedures with lenders and ensuring that its members adhere to them closely.
John Webster, business development director of Preferred Mortgages comments: "With regulation looming it makes sense for industry players to be working together in the lead up to October. It is re-assuring when we receive an application from a RAMP member we know it is compliant with all FSA rules. We look forward to working with RAMP and its members in the future."
John Rice, managing director of RAMP comments: "We are delighted to appoint Preferred Mortgages to the lender panel of RAMP. They have a very innovative approach to product development and RAMP members will be working very closely with them to boost business volumes. Preferred Mortgages is a forward thinking company, who are set to rise to the challenge of becoming one of the top three players in the market."
