RPS chief executive, Peter Beaumont, said: “RPS is delighted to have been appointed by a leading network such as PTFS, which has an extensive membership base and strong reputation in the intermediary market. We will provide their ARs with a practical, ethical and safe solution enabling them to help clients who are facing potential repossession. We’re looking forward to working closely with the PTFS team and their ARs over the coming months.”
Dev Malle, sales director of PTFS, said: “Following regulation of the SRB market, which PTFS fully endorse, it was essential that whoever we partnered with as a network for this product area not only provided a compliant system and processes but also had the appropriate attitude in how clients are dealt with. It is a product area that provides a solution for clients in difficult circumstances and I have no doubt that RPS will stand out in ensuring they provide the regulator and moreover the clients with the comfort that they are being treated fairly.”
RPS recently became one of the first firms to be granted interim authorisation by the FSA to conduct sale and rent back business.
