Largemortgageloans.com doubles turnover in 2010

The specialist large loans broker also revealed that it was looking to build its business following a successful 2010.

Paul Welch, managing director of Largemortgageloans.com, said: “We are in growth mode at the moment, aiming to double our headcount this year to service the increasing leads coming from coverage in the national media, referrals and existing clients.”

Welch said that the company’s Partnership Programme, which brings private banks, financial advisers and their high net worth clients together, has helped to double turnover in 2010.

“This programme has given networks, clubs and their members, both directly authorised brokers and Appointed Representatives, the opportunity to grow their business, improve their client service and increase their revenue by offering a ‘full service’ proposition to their entire client bank,” he explained.

He added: “With ten major financial adviser networks now members of the Partnership Programme, there is almost complete market coverage of large mortgage loans in the UK via just one distribution portal.”

Last year, the large loans broker launched a Mortgage Toolkit app for the iPad and iPhone, which allows potential borrowers the opportunity to research loans, calculate maximum borrowing limits, check best buy rates and apply for a loan.