The launch, which is the first time these size loans will be on a sourcing system, is exclusively to PMS members. The minimum loan size is £1m, up to 50 per cent LTV, and available for both residential and buy-to-let purposes.
Largemortgageloans.com managing director Paul Welch says: “This is a first for the UK market, combining our long-established relationships with private banks and expertise in packaging large loans with Trigold’s technology platform and PMS’s distribution power.”
PMS development director Martin Reynolds says: “This is another example of largemortgageloans.com delivering innovation and value to PMS members. This exclusive private bank packaging service on Trigold Crystal’s software complements the large loan referral service we launched with largemortgageloans.com earlier this year.”