Archive: May 2017

Saffron for Intermediaries, the dedicated intermediary channel of Saffron Building Society, is making its full range of mortgage products available via Mortgage Intelligence.

Anita Arch, Head of Mortgage Sales at Saffron, said: “We’re delighted to be joining Mortgage Intelligence’s lender panel and are looking forward to supporting their Appointed Representatives and Directly Authorised members over the coming months. Not only will their brokers have full access to our Special Situations, Everyday residential mortgages and buy-to-let deals, but they will also benefit from our personal approach to underwriting.”

Brokers can submit a DIP and a full mortgage application via Saffron’s website based mortgage portal. Members of Mortgage Intelligence network who require further information or help can contact Debby Tedder, Business Development Manager, on 01799 582925 or by sending an e-mail to: deborah.tedder@saffronbs.co.uk

Sally Laker, Managing Director at Mortgage Intelligence, said: “Saffron for Intermediaries not only has competitive residential deals for straightforward cases, but also products specifically designed for borrowers with special requirements such as the self-employed, contractors, self-builders and landlords wanting to buy property for refurbishment before being let out.

“I have no doubt that both our Network and Next Intelligence mortgage club members will welcome Saffron as a very useful addition to our lender panel.”

**ends**

Journalists requiring further information can contact:

Josh Cooper, Cooper Consultants Ltd Office: 01654 767711
josh@cooper-consultants.co.uk Mobile: 07768 355265

NOTES TO EDITORS:

About Saffron Building Society

Saffron Building Society was established in 1849 by the Reverend John Marten, who was Minister of the Hill Street Baptist Church and Manager of the local gas company. From such humble beginnings the mutual Society has successfully grown to manage assets of over £1 billion.

Saffron Building Society is the largest regional building society serving the East of England, with 11 branches and 1 agency. The society has served the needs of the local community for over 165 years and is committed to doing so in the future.

A mutual organisation, Saffron Building Society is owned by its 90,000 members and exists solely for their benefit.

The Society employs more than 160 staff across East Anglia, who understand local customers’ needs and provide value for money products backed-up by a professional and reliable service.

Saffron for Intermediaries is the Society’s dedicated broker lending channel. Further information about the products and services available for brokers can be found at: www.saffronforintermediaries.co.uk

Editors’ notes:
To arrange interviews and find out more, please contact:
Sally Laker
Managing Director
Mortgage Intelligence Holdings
Tel: 01202 312955
Email: slaker@experiencemi.co.uk

Nadia Mahmud
Head of External Communications & Investor Relations
Mobile: 07721 439043
Email: press.office@countrywide.co.uk

About Mortgage Intelligence Holdings: Mortgage Intelligence Holdings was acquired by Countrywide in April 2011, the UK’s largest mortgage broker and property services Group. The following brands operate under Mortgage Intelligence Holdings.

Mortgage Intelligence and Mortgage Next: Established in 1996, Mortgage Intelligence, which merged with Mortgage Next in 2009, has become one of the UK’s leading mortgage networks. They offer award winning mortgage and insurance services to over 400 appointed representatives. Both networks focus on high quality of service and support offered to their intermediaries.

FYB Network: Mortgage Intelligence Holdings acquired Life and Easy trading as FYB Network in July 2012. FYB’s brand will join the Mortgage Intelligence and Mortgage Next brands under the umbrella of Mortgage Intelligence Holdings Ltd. They have over 50 advisers and offer both mortgages and insurance services. They were originally founded in 2004 and became a fully authorised network in May 2007.

Next Intelligence: Next Intelligence launched in April 2011 and brought together Mortgage Intelligence and Mortgage Next’s directly authorised clubs. They offer premium brokers services to over 5000 mortgage intermediaries including mortgages, general insurance and a new protection panel which was launched in September 2011.
For further information any of the above brands please visit www.experiencemi.co.uk.

National Account Manager for Protection Craig Bryce takes a look why emphasising the real cost of living with a critical illness is an important message to deliver to clients.

We often protect our car, home and pets before ourselves, sometimes assuming that personal protection such as critical illness cover is too expensive to consider. But without protection, would your client be able to cover the costs in the event of a critical illness?

A recent report by Macmillan Cancer Support suggests cancer costs an average of £570 a month in increased outgoings and reduced income. £570 is comparable to the average monthly mortgage payment in the UK. Critical illness cover pays out a lump sum to help with these additional costs and loss of income should your client be diagnosed with a critical illness included in their cover.

The additional costs can often be associated with things like regular trips to medical appointments or in some cases having to pay for additional childcare. As a result of cancer 30% of people also experience a loss of income, with those affected losing an average of £860 per month, whilst 33% of individuals either have to stop working permanently or temporarily.

Living with an illness is stressful enough for your client and their family, but worrying about the implications of not having financial cover does not bear thinking about. Having suitable protection to give peace of mind and security in the face of a critical illness has never been more important.

If you would like to know more about how to join our award-winning Mortgage Network as an appointed representative or becoming a member of our Mortgage Club, call our Broker Support Team on 0845 130 7446, option 1.