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Active expands overseas property proposition

Active Management Group is expanding its overseas operation after a deal with overseas property finder Parador.

The move sees Active subsidiary Independent Mortgages Direct appointed as provider for all independent advice for the 4,000 plus clients that buy property across Europe via Parador each year.

It will also mean that members of its mortgage club, Active Lending Solutions, will be able to offer property across Europe to clients via the link up.

AMG joint chief executive Mike Buckley says: “The business will be marketed as Active Abroad. We have had an appetite to do more business overseas for some time but now believe the time is right to expand this area.

“The relationship with Parador is a great marriage as they are one of the largest and most respected organisations in this market. Our aim was to align ourselves not with one specific lender or developer but with a company that can provide access to many areas of Europe with a vast range of reputable developers.

“The demand for overseas property by UK buyers is growing. Many of the users of our mortgage lending via our mortgage club have been asking us to help them to get into this market and we are delighted to be able to deliver exactly what they have asked for with this relationship wit Parador.”

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