TFC Homeloans cites an expanding array of providers and increasingly complex and varied range of products as key factors contributing to driving activity back into the intermediary community. The firm, best known in the past as a mortgage packager, is currently receiving well over 100 calls a day from advisers requesting clarity and guidance on not only mortgages but also other areas, such as sale and rent back, secured loan options on remortgages, and short term finance.
Andy Brown, managing partner of TFC Homeloans, said: "There is a real buzz building around the specialist market again. From a supply perspective, several new sectors are now well established and lending is starting to take shape again - albeit very differently from the market we knew a few years ago. Demand is on the increase, particularly amongst advisers. It's noticeable how much our phone is ringing, a trend we feel is driven jointly by the new complex sectors of the market and also the reduced reliance on electronic decisioning tools. Advisers are now engaging with us on a more personal basis than they were doing prior to the credit crunch, which is another welcome development."
Nikki Warren, national account manager at GE Money, said: "It's heartening to see this sector experiencing a renaissance. GE is pleased to be able to continue to support TFC with new products. These should allow TFC to assist customers who have experienced a slight blip to find a suitable mortgage solution. Packagers are important cogs in the wheel for the advisers as they navigate a complex market, and they have provided this support successfully for many years. TFC is a key strategic partner for GE and we look forward to receiving its continued support."
