To mark its first anniversary, The Mortgage Lender is offering a £250 boost to procuration fees for applications received on selected products through its distribution partners between 1 June 2017 and 31 August 2017.
The enhanced procuration fee will be paid alongside the standard procuration fee on applications received in product tiers 1 – 6 that complete excluding the fees-assisted remortgage range.
Fees are paid directly to distribution partners, for onward payment to brokers.
TML serves customers who don’t squarely fit high street lending criteria, including the self-employed, contractors and borrowers with an imperfect credit history.
The lender has partnered with a raft of networks, clubs and specialist distributors since launch.
Pete Thomson, sales and marketing director at TML, said: “In July it will be a year since we launched as an intermediary-only lender, which is a proud moment for everyone involved with TML.
“Over recent months we’ve been asking brokers and distribution partners to #ChallengeTML to offer their clients a better deal or to do things differently. We’ve had a great response to our challenge and we have seen applications increase. We have also made a number of enhancements to our administration processes as a result of the feedback we’ve received.”
Victoria Hartley is contributing editor at Mortgage Solutions, Specialist Lending Solutions, Your Money and Your Mortgage at London-based publishing company AE3 Media.
She has an MA in Radio from Goldsmiths after gaining a 2:1 in a Comparative American Studies BA at Warwick University. She also holds a TEFL qualification and taught overseas in Mexico and Japan from 1994 to 1997.
Her role includes editorial oversight of the news, analysis and features, event content management and strategic and editorial consultancy for the AE3 Media group. She is an experienced video, broadcast and live-event host and regularly chairs web and podcast debates and interviews.
Multiple award nominations have resulted in two wins: Santander Media Awards, trade journalist of the year and Headlinemoney Awards, mortgage journalist of the year (B2B). Here is one of the award-winning pieces: https://www.mortgagesolutions.co.uk/news/2011/07/21/exclusive-tale-bailey-fraud-witness/
Previous roles include editorships of Mortgage Solutions, consumer title What Mortgage and trade title Credit Today as well as a stint freelancing for a variety of outlets including The Guardian and Which? Money.
