3mc is an award-winning specialist mortgage desk for mortgage intermediaries and a packager of Residential, Buy to Let, Commercial and Bridging mortgages.
2019 is 3mc’s 23rd year of trading within the business to business sector. During 2018 3mc processed over £2.3 Billion of specialist mortgage enquires. 3mc deals with lenders on a volume basis that intermediaries would not normally deal with on a regular basis utilising their knowledge and skills assisting intermediaries from enquiry through to completion. In 2018 3mc launched a number of new service initiatives including the addition of lender onsite underwriters and a new broker support team to aide intermediaries.
When dealing with 3mc you gain access to lenders with restricted access along with access to 3mc exclusives. The customer remains the customer of the intermediary and the intermediary is the customer of 3mc. The intermediary receives the market procuration fee as the lender pays 3mc a gross packaging fee which includes the intermediary’s market procuration fee. In 2017 3mc launched a new introducer service for portfolio landlords where you can pass the client to 3mc and 3mc will take over the advice and recommendation process in return for a percentage of the gross commission received.
3mc prides itself on its independent status working with directly authorised intermediaries and appointed representatives of all partner networks. The 3mc mortgage desk has a wealth of experience assisting mortgage intermediaries in the placement of their cases across their entire specialist panel of lenders.
Affirmative has been established since 2004 and is recognised as being a mainstay in the UK bridging, short-term and development markets. Affirmative is authorised and regulated by the Financial Conduct Authority and offers both regulated and non-regulated finance options. It has provided bridging and development loans that have helped property developers, property investors, self-build enthusiasts, financial intermediaries, and many other businesses and individuals when they needed it most. Affirmative provides the finance and adds real value to the process.
Aldermore knows that, as an intermediary, you’ll have clients who need a more specialist approach, clients who don’t fit into the one-size-fits-all model of other lenders.
It recognises that some applicants have unique circumstances and need people to assess their mortgage application, not machines.
That’s why it uses a team of experienced manual underwriters who start with a can-do attitude, assessing your client’s application and individual circumstances.
Aldermore provides opportunities for a wide range of residential mortgage applicants including first time buyers with low deposits, remortgagors looking to get a better deal, clients with less than perfect credit and borrowers aged 55 and over.
It’s also committed to helping our nation’s landlords; whether your client is big or small, individual or limited company, its range of buy-to-let mortgages is the perfect way to expand their portfolio.
Beverley Building Society
Beverley Building Society recognises that each mortgage application is different and should be looked at on individual merit and affordability. Whether it is for employed, self-employed or based on pension income, the Society prides itself on assessing applications through sensible underwriting and a flexible approach to secured lending. We currently specialise at present on Lending in and into Retirement, Interest Only, Self-Build and sensible income assessment criteria for the self-employed.
We understand each customer is different. For many people…getting a mortgage can be a challenge made even harder by the stringent lending criteria of high street banks.
We are a specialist mortgage lender. Our range of products has been designed for people that don’t fit the traditional profile that high street banks want. Our service is special too – we promise to treat customers as individuals and make decisions based on their circumstances, not their credit score.
Our residential and buy-to-let products have been designed specifically for self-employed, contractors and customers who have had a credit problems.
As a specialist mortgage lender, we take our job very seriously. We’re committed to being a responsible lender and we review all applications in detail to make sure our customers can afford their mortgage repayments.
Buckinghamshire Building Society
Buckinghamshire Building Society lends throughout England and Wales. Our wide range of mortgage products are aimed at helping customers with complex incomes, diverse circumstances or credit issues to purchase or remortgage their home. All our mortgage enquiries and applications received are individually assessed without being dependent upon a credit score but are subject to status and clear evidence of affordability.
Our application process begins with soft searches and an initial affordability assessment. This is designed to give brokers a prediction of the outcome of a case. Once soft search has been completed, brokers can use our online system to submit their applications for evaluation by our underwriting team. Finally our underwriters will manually assess each case, taking the time to review each case using a common sense approach and taking customers’ life circumstances into consideration.
At Castle Trust, we take a commercial approach to delivering bespoke loans that meet a broad range of customer needs. We offer first and second charge mortgages, with the option to roll up some or all of the interest.
Our buy to let products provide flexible options for all types of landlords including holiday lets, ex-pats and foreign investors.
We also offer bespoke second charge mortgages for high net worth individuals and business purpose loans.
We have the risk appetite to do interesting things and the expertise to ask the right questions. If it makes sense, we’ll find a way.
Clever Lending is a specialist distributor which provides lending solutions to suit a range of needs, including first and second charge, commercial, development finance, buy-to-let and regulated bridging lending solutions.
These are supported by a high quality and technically advanced service which can be relied on at every stage of each case. With a client centric approach and a transparent charging structure with remuneration at a true 50/50 split, Clever’s proposition keeps the broker and client at the fore.
Clever understands the challenges brokers and clients may face in sourcing suitable finance and works closely with an extensive lender panel to provide solutions for almost any scenario.
Assisting the development of intermediaries in the ever-changing UK financial services landscape means Clever Lending is becoming the specialist distributor of choice for intermediaries and a benchmark to which others aspire.
As part of the Totemic group which has more than 25 years’ experience in the finance sector, Clever Lending focuses on suitability, affordability and sustainability for all our customers.
Foundation Home Loans
Foundation Home Loans has a range of competitive buy to let products designed for your landlord clients, from first-time landlords through to experienced landlords with large portfolios. It includes products for individuals, limited companies and those mortgaging a HMO,Multi Unit or short term let.
Key product features include:
- Limited company and personal products available at the same rates
- Up to 80% LTV
- No minimum income
- No maximum age for limited company applicants
- No limit on how many other buy-to-let properties your client has with another lender
- Up to £3m lending with Foundation Home Loans
- Simple approach to portfolios with no business plans required
- No minimum period of employment or self-employment
- Up to eight bedrooms for HMOs and 10 Units for MUBs.
Keystone Property Finance
Keystone is an intermediary only specialist buy to let lender offering a range of funding solutions for cases that do not fit the criteria of the mainstream lenders.
Keystone will accept:
- Individuals, LLPs, Trading & SPV Ltd Co's
- HMOs - up to 8 beds
- Portfolio landlords
- Multi-unit properties - up to 10 flats
- First-time landlords
- High-rise flats
- New build properties
- Remortgages within 6 months
- Ex-Local Authority properties
- No minimum income required
Call: 0345 148 9086 to place a case
Octane was the first lender in the UK to launch without any products, an approach it refers to as the ‘3rd generation’ of lending. This essentially means every enquiry it gets from an introducer is looked at on its own merits and priced according to its unique circumstances. The result is a highly bespoke loan structured according to the needs of the client. Crucially, Octane's in-depth knowledge of risk means a higher LTV loan can sometimes be priced more competitively than a lower LTV loan. And with Octane, a yes always means yes, providing all-important certainty of lending and rapid completions
OSB primarily targets underserved market sub-sectors that offer high growth potential and attractive risk-adjusted returns in which it can take a leading position and where it has established expertise, platforms and capabilities. These include private rented sector Buy-to-Let, commercial and semi-commercial mortgages, residential development finance, bespoke and specialist residential lending and secured funding lines. OSB originates organically through specialist brokers and independent financial advisers. It is differentiated through its use of high skilled, bespoke underwriting and unique low cost base.
OSB is predominantly funded by retail savings originated through the long established Kent Reliance name, which includes online and postal channels, as well as a network of branches in the South East of England.
The Kent Reliance, InterBay Commercial and Prestige Finance are trading brands within the OneSavings Bank plc Group.’
Vida Homeloans is the specialist mortgage lender for residential and buy to let customers who may not fit the criteria currently demanded by high street banks. Vida uses the latest technology to support and inform human decisions, helping intermediaries get specialist cases off their desks.
Vida’s criteria-driven lending proposition has made a positive impact on the market, with 10,000 intermediaries registered to do business and more than £1 billion in mortgage completions since launch.
Vida has also achieved three securitisations worth more than £1 billion and is proud to have received nine industry awards in 2018; ‘Mortgage Provider of the Year’ at Money Age Awards, ‘Specialist Lender of the Year’ in The Mortgage Awards, ‘Best Marketeer’ in the British Specialist Lending Awards, Commended in the Best Specialist Mortgage Provider in the Moneyfacts Awards, ‘BDM of the Year’ in the Specialist Finance Introducer Awards, ‘Specialist Lender of the Year’ in the SimplyBiz Mortgages Awards, Best Specialist Mortgage Lender and Contribution to the Mortgage Industry in the Credit Strategy Lending Awards and Highly Commended for Mortgage Product Innovation in the Mortgage Finance Gazette Awards.