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Stonebridge selects restricted mortgage packager panel

by: Mortgage Solutions
  • 01/08/2016
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Stonebridge selects restricted mortgage packager panel
Stonebridge Group, the mortgage and insurance network, has confirmed AToM, Complete FS and 3mc on its preferred packager panel for first-charge residential and buy-to-let business.

Stonebridge said its primary objective was to identify firms with the best overall proposition and of the firms assessed, these three firms scored highly.

The firm said a due diligence assessment covered business partner feedback, lender choice and product access (including exclusives), capacity to support the network nationally, service standards (including customers’ best interests and TCF), fee structure, commission levels, reporting and IT functionality and financial strength.

The mortgage packager panel is separate to the network’s specialist lending referral panel of four master brokers/packagers including The Loans Engine, Omega, Positive Lending and Touchstone.

Paul Nye, business partnerships director at Stonebridge Group, (pictured) said: “It has been a rigorous undertaking on our part and the interaction and quality information we have received from the three firms selected, more than justifies their inclusion on the panel.”

Stonebridge launched Stonebridge Genus its mortgage club for directly authorised (DA) advisers last week.

DA s will be able to ‘pick and mix’ the Genus products and services they require from a menu, which offers access to life and general insurance panels, choice of mortgage club, conveyancing, will writing and surveying.

 

 

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