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New mortgage network launched

A new mortgage network, Mortgage Promotions, is being launched for all Mortgage Code Compliance Board regulated mortgage advisers.

Mortgage Promotions is offering free membership to IFAs, tied agents, mortgage brokers, accountants, estate agents and solicitors and people can retain existing membership of other networks, clubs and groupings.

Mortgage Promotions says members have the opportunity to earn fees from an extensive lending panel including Coventry Building Society, Intelligence Finance, Nationwide Building Society, Standard Life Bank and Woolwich.

It says it will also offer exclusive mortgage products, packaging services and ancillary mortgage sales like buildings insurance, contents insurance and conveyancing services.

Members can get access to a fee based compliance service starting from £35 a month.

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