View more on these topics

Pink expands range to bridge income gap

Pink Home Loans has become the latest network to expand its business range as a result of market conditions.

The network says it will add bridging loans and equity release products to its panel in the coming months.

Several other mortgage networks have recently adapted their models in a bid to diversify in the tough conditions.

Home of Choice announced last month that it was linking up with IFA network In Partnership to enter the investment and pension market while Mortgage Times’ Vision Network received FSA permission in April to operate an investment and pension multi-tie.

Pink says as mortgage business becomes increasingly difficult to place, it is providing brokers with a number of alternative financial solutions for their clients.

Associate director of marketing and IT Neil Hoare says: “Pink is very much aware that particularly in the current market conditions, intermediary customers need to focus on sectors other than mortgages to ensure that they maintain their incomes to see them through the current market turbulence.

“We are continually looking for new opportunities to boost our brokers’ earnings and over the coming months our customers can expect to see a raft of new opportunities to our range of services.

“One area we can help is in protection sales and we will be providing additional training courses in June to assist our appointed representatives in their sales technique in this area and to help meet clients’ protection needs.”


Optional extras

Imagine a world where every meal is baked beans, every holiday a fortnight in Bognor Regis, every car a silver hatchback and every retirement income product a lifetime annuity.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm