Mortgage News
MAB signs exclusive advice deal with Police Mutual
Mortgage Advice Bureau (MAB) has signed an exclusive deal with Police Mutual to offer its 210,000 members whole of market mortgage advice.
Police Mutual works with a number of specialist partners to provide financial and welfare advice and services to the police service and their families.
As a result of the partnership, Police Mutual customers seeking mortgage advice will be directed to a team of trained in-house mortgage advisers.
Peter Brodnicki (pictured), chief executive of Mortgage Advice Bureau, said: “The police service in the UK does a fantastic job and MAB is proud to be able to assist them with their mortgage requirements.
“Police Mutual wanted to take a far broader mortgage proposition out to its members with an in-house team, largely telephone-based, which is what we’re working with them on and helping them put into place.
“This exciting new relationship aims to provide a much broader service to more Police Mutual members than was previously available.”
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James Henderson, commercial director of Police Mutual, added: “We know that our members’ household income is being squeezed and we wanted to widen our mortgage offering so that we could help all of our members to find the most suitable mortgage for them during these tough economic times, rather than only being able to help the select few. This partnership with MAB demonstrates our continued commitment to their welfare.”