Mortgages for Business launches packager MFB for Intermediaries

Both services will focus on cases for buy to let, commercial, bridging and development finance.

The deal placement service is aimed at less experienced, time-pressed brokers looking for a master broker to source the right lender and structure a successful deal.

The mortgage packaging service has been created for intermediaries who already know the lender they want to use but cannot submit applications directly themselves.

To mark the launch, the team is offering a free webinar for brokers on 26 September 2018, co-hosted by two decision-makers from Amicus Commercial Mortgages.

In addition to deal placement and packaging, MFB for Intermediaries has an online case tracking service called MyMFB and a weekly email update to keep brokers informed of new rates, changing criteria, market developments and exclusive deals.

Managing director Steve Olejnik (pictured) said that the team is excited to be forging a more prominent role in the broker to broker space.

He said: “Between them, our qualified advisers have more than 100 years’ experience in the buy to let and commercial property sectors.  Many have a career background working as lending managers at the country’s leading high street banks.  This means they understand deals from all angles and perhaps more importantly, deliver successful outcomes.”

“We aim to be as helpful as possible. Our website clearly sets out our offering, including how we work and – perhaps more importantly – what proc fees we pay.”