AToM’s Premier Bridging service will offer brokers information on short-term lenders’ offerings and help process the application through to completion.
Dale Jannels (pictured), managing director of AToM, said that intermediaries will receive an introductory fee when the case has completed and AToM will guarantee a no cross sell policy for any other products.
Jannels said: “Bridging and short-term lending opportunities are flourishing, but the requirements of lenders differ dramatically and, unless you are a specialist, it can be difficult to see a case through from application to completion.
“So much information and criteria management is required and for many this is a real minefield and can be very confusing. In handing cases off, this opportunity will create a potentially lucrative income stream for intermediaries whilst, at the same time, leaving them to concentrate on their core business.”
AToM has also been promoted to Precise Mortgage’s short-term lending premier panel.
Roger Morris, director of sales at Precise, said: “Innovation and knowing what the brokers truly needs is what AToM do best. Having an elite service aimed at the high end of the market is much needed. Where a broker or IFA can, if they wish, hand over their customer knowing they won’t be cross sold or given poor service.”
