The Mortgage Partnership (TMP), one of the longest established packagers in the North of England, is reporting growing support from brokers who are finding difficulties placing cases for clients in the specialist lending market.
TMP, based in the Wirral, has seen enquiry levels increase by 47% this year over the same period in 2016 with offer and completion levels on specialist first charge cases up 50%.
Ian Ward, Managing Director at TMP commented:
“I am delighted to say that introduced business from intermediaries has exceeded all expectations. I could say that is down to the service we provide, but that is only part of the story. I am in no doubt that with so many high street lenders still very blinkered in their approach to clients who do not have perfect profiles, brokers are having to search for appropriate alternatives and that is where TMP and other specialists come in.
TMP has been at this for 20 years and have seen the need for packager/distributors wax and wane. There has never been a greater need for access to specialist lenders and we are here to provide that service and help brokers and their clients get the right advice.
The fact that we are still here 20 years after launching and have continued to provide an uninterrupted service to the intermediary community demonstrates just how important the packager model is to the industry.”