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Mortgage Next backs ARs and authorised brokers

Mortgage Next will be offering support both to directly authorised brokers and to those who opt for appointed representative status under mortgage regulation next October.

It will feature a menu of services, including compliance, training, product sourcing, marketing and auditing to brokers who become directly regulated.

ARs will get full regulatory support, access to a panel of mortgage lenders, a source for related products such as general insurance, commercial and secured personal loans, provision of professional indemnity insurance and training and marketing support.

Managing director Martin Maynard says: “The services we will offer are not a pipedream, they are in place now. We have contracts agreed with suppliers, compliance expertise on board and the support of some of the UK&#39s leading lenders. We are launching our new service propositions from a position of great strength and we look forward to talking to mortgage brokers about the ways in which we can help them in the future.”

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