Bankhall’s Premier Mortgage Service is launching a proposition to the mortgage market offering full aggregation of the mortgage club plus compliance and new protection panels.
PMS says the new service will compete head to head with the existing mortgage networks and will be underpinned by a bespoke IT platform offering members the benefit of a free back office system.
Links to both Trigold and MBL will allow a ‘one stop’ trading portal aiming to save intermediaries time, money and hassle.
The service is in its final stage of testing and will launch in March.
PMS managing director John Malone says: “We have always been driven by the needs of the mortgage intermediary and this expansion of our services just proves again that PMS is the right place for advisers to be. We are absolutely certain that our new proposition will suit developing businesses without the restrictions and risks associated to mortgage networks and other mortgage distributors.
“We are committed to showcasing the benefits of being directly authorised with the FSA and this new stage in the development of PMS offers a combination of services which we believe to be truly unrivalled.”