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Commentary: 12000 brokers get large loan service

Largemortgageloans.com has launched a new partnership with PMS, the largest mortgage and ancillary service distributor in the UK, whose membership exceeds 12,000 mortgage intermediaries.

Largemortgageloans.com has been selected to provide a large mortgage loan referral service for PMS members. Coverage of the news has been widespread in the trade press, with the 3 main mortgage industry titles featuring the news on their websites this week:

Mortgage Solutions     

Mortgage Strategy     

Money Marketing

With the high street lenders making sweeping cuts to their product ranges and criteria, even treating bonuses differently, mainstream brokers are finding it hard to place large mortgage loans at the moment, with a resulting loss in revenue. As you will know, this week has been particularly difficult for brokers, with two major names going into administration and a third shutting its head office.

Largemortgageloans.com is a specialist in mortgages of between £500,000 and £50 million and has expertise and experience in creating tailored solutions for brokers and their clients. Deals like the one with PMS enable largemortgageloans.com to continue to place a steady stream of large mortgages, even in the current lending environment.

If you are interested in talking to a specialist mortgage broker who can provide comment and case studies from the top end of the market, please contact Paul Welch or Ian Gray on 020 7519 4900.

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