Paul Rockett, a Director of TBMC, said: “We have had a very good response to the initial schemes we offered to brokers on this sourcing system, so we have now expanded the range.
“However, many of our regular brokers choose to use our own web based quotation system, where they can access every Buy to Let scheme we have available.”
Paul added: “Brokers tell us that our own in-house system is very easy to use and once brokers try it, they tend to return time after time.”
The web site is at www.tbmc.co.uk; and its benefits include:
- Full detailed information & lender criteria on each product
- Automated rental stress test
- Automated loan to value check
- Automated commission payment calculator
- Personalised quotation options for each client
The Mortgage Quotation System is an excellent sales aid as it includes information on percentage yields and initial income returns, illustration on likely capital growth and gains on capital invested. This is in addition to the expected information, such as initial monthly interest cost, MIG premiums and valuation fees.
“These schemes, many of which are unique, as well as some shared exclusives include products with Mortgage Express, Property Investment Mortgages (PIMs), Platform, Paragon, Capital Home Loans (CHL) and Freedom Finance to name just a few of the lenders for whom we package Buy to Let business”.
Paul concluded: “We will continue to use outside sourcing systems to ensure our network distributors can all gain maximum access to our range of products.”
