Magellan Homeloans, the specialist mortgage lender, has been added to the Next Intelligence mortgage club lending panel.
This new partnership will enable Directly Authorised members of Next Intelligence to access Magellan’s full range of specialist mortgage products which provide greater solutions for those unable to secure a mortgage from high street lenders.
(Simon Read, Managing Director or Jason Neale, Sales Director), at Magellan Homeloans said: “We are delighted to be teaming up with Next Intelligence in order to bring our unique range of specialist lending products starting with rates from 3.21% to their Directly Authorised members.
Our business development team are really looking forward to working with the Next Intelligence team and DA firms to help increase their incremental income by demonstrating how to turn their declines into completions as well as helping members take advantage of the huge opportunities available in the specialist lending sector.”
Sally Laker, managing director said: “Since launching Magellan Homeloans to our Appointed Representatives last year, advisers have increasingly looked to their specialist mortgage products to help clients that have been unable to secure mortgage finance elsewhere.
“For this reason we are delighted to be the first mortgage club to be extending Magellan’s lending proposition to the Directly Authorised market.”
Mortgage intermediaries can obtain further information at: www.magellanhomeloans.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 September 2012. FYB’s brand joined Mortgage Intelligence and Mortgage Next brands under the umbrella of Mortgage Intelligence Holdings Ltd. They 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 as a new brand in April 2011, bringing together Mortgage Intelligence and Mortgage Next’s directly authorised clubs which were both established in 1996. They offer premium brokers services to over 3500 mortgage intermediaries including mortgages, general insurance and a new protection panel which was launched in September 2011.
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