The range of additions to the UNIFi proposition includes the move from a flat administration fee for all completed unsecured business to a tiered structure with fees starting at £20 and a reduced agency fee for all completed secured loans, starting at £249 per case.

In addition, there will be no volume requirements for brokers submitting cases to UNIFi, while there will now be the option to have UNIFi package the case.

Members will also benefit from access to alternative income streams including bridging loans, debt management and IVAs, as well as regular bulletins detailing changes to the market and lender terms together with the implications for brokers.

Patrick Bamford, managing director of UNIFi, commented: “These new enhancements provide a range of benefits for those already using UNIFi and anyone looking for new market opportunities. In a market which is increasingly focused on reduced fees, we are pleased to announce that this only forms a small part of the package we have rolled out today.”