The Mortgage Partners provides a realistic option for those mortgage brokers who want to stay independent but at the same time benefit from the services offered by traditional, principal led firms or networks.
Rather than imposing strict conditions, The Mortgage Partners offers a flexible approach allowing members to ‘cherry pick’ the services they want to use with the intention of saving time and boosting brokers’ income. The benefits offered by The Mortgage Partners include free membership, a steady supply of high-quality business leads (based on production), some of the highest procuration fees available and life commissions paying up to 175 per cent of LAUTRO (equivalent to up to 192 per cent of API).
In keeping with The Mortgage Partners’ philosophy of putting new technology at the heart of their service, they have developed a ‘net enabled partnership’ where all the business processes involved with mortgage broking are achieved electronically. Included within the software package are lead generation and contact management facilities, electronic sourcing via Trigold, electronic new business submission and compliance assistance. Members are provided with free software training and support.
Commenting on the launch, Managing Director of The Mortgage Partners Kevin Paterson said:
“Mortgage Brokers have got to start making decisions about how they are going to cope with the changes which will result from the forthcoming changes to the mortgage industry. The Mortgage Partners is an excellent option and is unique in offering the best of both worlds – independence and all the benefits of network membership.”
