You are here: Home - News -

Mortgageforce joins Persimmon

  • 04/12/2001
  • 0
Persimmon, the homes developer has selected Mortgageforce to panel manage its mortgage products. T...

Persimmon, the homes developer has selected Mortgageforce to panel manage its mortgage products.

To mark the alliance, Mortgageforce is launching 10 new products funded by Woolwich, Royal Bank of Scotland and Abbey National, which include a 2.75% fixed for two years from Woolwich and a 2.5% discount for three years from Abbey National.

The range of exclusive deals will be offered to purchasers buying Persimmon homes.

Robert Clifford, managing director at Mortgageforce, said: ‘These specialist mortgage deals, provide an incentive for home buyers as they are able to get a deal which they cannot get in the high street and save between £2,000 – £4,000.’

Persimmon will promote the products through its regional branches and is expecting the new products to account for £250m of lending during the next three to six months.

Clifford added: ‘The broker gets more business and the purchaser gets more money. Lots of house buyers take a broker’s advice then find a mortgage on their own.’

Brokers need to register with Persimmon and Mortgageforce to take advantage of the products which offer procuration fees up to 0.5% and a minimum of 0.25%.


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
New boss required by Mortgage Brain

Mortgage Brain is advertising for a new chief executive and IT director to help take the trading pla...