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New network from Tenet

Tenet is starting a new mortgage network, Lime, as an extension of its existing network, Independent Mortgage Adviser, launched in July 2000.

Lime – Lifetime Insurance Mortgage Experts – will continue to provide exclusive products along with compliance support and regular training.

It will also provide professional indemnity insurance support, life and general insurance panels, mortgage and general insurance sourcing software, marketing and business development support and FSA application assistance.

Tenet hopes Lime will help it to dominate the mortgage and general insurance market. It will also offer support services to intermediaries who are directly authorised by the FSA.

Chief executive Simon Hudson says: “Unlike some other offerings, this business is highly funded, understands the market, is offering market-leading products and can provide full compliance support, all at a highly competitive price. By this time next year, both the mortgage and insurance advisory markets will be regulated so now is the right time for advisers to choose a partner that can help them cope with what will be a massive change.”

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