The service processes mortgage applications on behalf of lenders and helps advisers place more complex cases.
The service is being launched by SBG in partnership with Melton Mowbray Building Society.
Benefits for advisers include exclusive access to lenders including GE Money, Aldermore and Precise Mortgages, exclusive products from panel lenders and access to experts in the placing and processing of complex client scenarios.
John Cupis (pictured), managing director, PMS said: “We chose to work with Melton Mowbray Building Society due to its proven experience and leading technology in this area via Melton Intermediary Services. Our knowledge and expertise will enable advisers to benefit from broader product offerings from lenders.
“This will be particularly useful for those who wish to use this channel for more specialist products which require better case packaging, including complex prime, complex buy-to-let, and equity release. It also means our members will be able to access new lenders who have a more limited processing capability but an appetite to lend.”
Martin Reason, CEO of the Melton Mowbray Building Society said: “This is a major development for the Melton Group which combines SBG’s market reach and industry expertise with our proven capability in processing specialist mortgage cases for brokers.”
Advisers will be able to discuss how the service will benefit them at the Mortgage Extra Live Roadshows which are being held throughout September.