Mortgage Options and Andrews Estate Agents have set up a national mortgage and protection intermediary firm.
The newly created partnership, which will retain the Mortgage Options brand, will become an appointed representative of Legal & General and will become, they claim, the eight largest AR firm under the network.
The firm, which will be run by Mortgage Options founding director Rob Everett, will offer mortgage and protection advice to clients throughout the country, both direct and through estate agents.
Everett says: “Mortgage Options’ partnership with Andrews will strengthen both companies. It will enable Andrews to increase its penetration of the financial services advice market, while Mortgage Options will have a new proposition for both advisers and clients and it will increase the number of estate agencies through which they operate.”
Andrews financial services director Chris Chapman says: “This aggregation of business with Mortgage Options will ensure the stability and growth of both firms, in what is currently a difficult financial market. Mortgage Options advisors will now have access to exclusive mortgage products through the Legal & General network, with greater support and Andrews will benefit from greatly increasing its share of the financial services market.”
Andrews, which is based predominantly in the south of England, has more than eighty sales and lettings branches.