CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Stonebridge Group establish new mortgage packager panel
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Stonebridge Group establish new mortgage packager panel PDF Print E-mail
Monday, 01 August 2016
Stonebridge Group, the mortgage and insurance network, has today (1st August 2016) announced the establishment of a new mortgage packager panel for its appointed representative (AR) firms to use. 

The new panel has been selected by Stonebridge and will consist of three firms: AToM, Complete FS and 3mc, and will provide packaging services for first-charge residential and buy-to-let business.

In selecting the panel members, Stonebridge’s primary objective was to identify firms with the best overall proposition for its ARs, business partners, and their clients.

AToM, Complete FS and 3mc all scored highly in this area and went on to complete Stonebridge’s due diligence assessment which covered off a number of areas including: 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 systems and IT functionality, and financial strength.

The mortgage packager panel runs separately from Stonebridge’s specialist lending panel where AR firms and business partners can pass lead referrals for second-charge mortgage, bridging and commercial business to four master brokers/packagers – The Loans Engine, Omega, Positive Lending and Touchstone.

Paul Nye, Business Partnerships Director at Stonebridge Group, commented: “Earlier this year we contacted our AR firms to consult them on the establishment of a first-charge residential and buy-to-let mortgage packaging panel. We wanted to get a strong idea of the firms our ARs were already using, how they rated them and whether they had the key components to be included on our panel to provide such services across the entire Group. We received plenty of feedback and after some considerable due diligence, plus an intensive process of analysis, we felt that AToM, Complete FS and 3mc, were head and shoulders above their competitors and would fit comfortably into the way Stonebridge conducts business.

“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. As always we want to ensure that our firms and advisers have access to the best terms, products, and packaging services in the marketplace, and we’re confident that by choosing any one of the three, this is exactly what they will be getting. We are looking forward to working with all three firms, and believe our ARs will benefit enormously from either continuing, or establishing, a working relationship with them.”
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197