By Mike Raybone FCIM, Mortgage Brain

16 Nov 2009

New Defaqto 5 Star MPPI through Berkeley Alexander

We are delighted to announce the launch of a new Defaqto 5 Star MPPI policy to add to our already extensive choice of online quote and buy ASU and Income Protection policies.

The product, FIRST ASSIST MPPI, is an opportunity to quote your client for ASU, knowing that the product has been accredited by defaqto as 5 Star. If you want to offer your client a competitive ASU quote and the widest possible cover, as denoted by a defaqto 5 star rating, then look no further.

Click here to use our comparison system and compare all our products.

Product Highlights:

· Maximum £2,500 benefit per month
· No limit of benefit to salary
· Age Rated
· Cover for New and Existing Mortgages
· Unemployment Only, Disability Only or Full ASU available

· Single & Joint Cover

11 Nov 2009

Bill Protector from Uinsure!

A brand new, non mortgage related ASU product called Bill Protector is proving a huge hit with letting agents who are providing it to their rental clients. The product is also being sold in volume to clients who simply want an additional level of income protection at a very affordable cost.

What is clear is that most intermediaries would welcome a larger client bank so they can sell more and earn more. Some are starting to look at their client banks and to target those clients with employed children who are still living at home. These individuals have a requirement for income protection as they usually have expenditure in the form of car loans, gym memberships etc and if they were to lose their income it would be the parents who would have to cover these expenses.

The Bill Protector product is proving very popular here and also means the IFA who provides it has a brand new client when these children decide to make their own way into home ownership and this, in turn, will open up brand new opportunities to provide all the usual products that are associated with a house move.

Visit www.Uinsure.co.uk to find out more.

9 Nov 2009

Legal & General select Mortgage Brain technology

Legal & General, one of the UK’s largest financial services providers, has become the latest company to offer Mortgage Brain and the Key to its Mortgage Club members.

As part of the agreement, Legal & General will be offering its Mortgage Club members the opportunity to benefit from using Mortgage Brain’s market-leading systems, free-of-charge, until the end of February 2010.

Click here to view the full article.

2 Nov 2009

Mortgage Brain offer brokers even more with Mortgage Brain B2C!

The new and innovative business to consumer facing sourcing system, Mortgage Brain B2C, which is due to be launched in early 2010, gives you the opportunity to make mortgage sourcing available as part of your own website. All leads will go back to yourself, for you to pursue and to generate more business.

Click here for more information

26 Oct 2009

Your Clients Are At Risk If They Do Not Keep Up Repayments on Mortgages You Have Provided

Whether Prime or Sub-Prime the chances are that right now you have clients struggling to keep up repayments on their homes and other credit commitments plus associated cross sales. In the past you have always been there for the good things in life like a new home but right now you have clients that need your help – urgently.

Both advisors and clients do not realise that there are alternative solutions available that will pay off arrears, prioritise payments such as mortgages and provide an affordable monthly budget to live on. This is available to most clients when there are no lending solutions/products available and more importantly keeps them in their homes.

You can proactively support this process through your client reviews. Advisors should actively encourage clients to seek appropriate advice or refer them to a reputable debt solutions company like ClearStart Partnerships. By utilising ClearStart’s services not only will you be helping your clients through a traumatic experience but they will rehabilitate your client for future sales opportunities and will pay you up to £600 for doing the right thing.


Click here for further information.

16 Oct 2009

Surge in overseas mortgage quotes

The holiday season may be over, but it appears that trips abroad this summer have inspired many of us to buy our own place in the sun.

Conti has just had its busiest month since the beginning of the year, with a 20 per cent surge in mortgage quotes issued during September. The value of mortgage applications submitted by the company to overseas lenders also rose to a year high.

Conti says that as property prices fall across Europe, the chance of owning a holiday home abroad may never be better, and with rates at an historic low, it’s even more affordable for British buyers. Whilst the ‘staycation’ trend may have reduced the number of Britons holidaying abroad this summer, many of those who did venture overseas have returned home with plans to buy their very own place in the sun.

Affordable prices, low interest rates, and a healthy appetite by overseas mortgage providers to lend, are all making it easier to buy property abroad. And there’s a growing feeling of confidence amongst prospective buyers, with savvy investors more willing to explore overseas opportunities in their search for better potential returns on investment than they’re achieving in the UK.

14 Oct 2009

Brokers praise Mortgage Brain’s all new sourcing system

Following a series of industry forums attended by brokers, Mortgage Brain, the market leading mortgage technology solutions provider, has received further positive feedback about its all new mortgage sourcing system.

The forums, held throughout September, were attended by brokers who rely on sourcing systems every day from a cross section of the market. The forums gave brokers the opportunity to discuss and comment on the new developments and to see first hand live demonstrations of the all new mortgage sourcing system.


To view the full article please click here
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