Second charge master broker Access 4 Finance has launched a new website and commission policy.
Director Scott Thorpe said: “The new website shows how we have grown as a business over the last three years. At a time when others are diversifying we have made a conscious effort to concentrate on improving the core services we provide rather than seeking to be a Jack of all trades.
“As a result we are in the process of expanding our bridging and commercial offering to allow us to provide the same level of service we already offer for second charge enquiries.”
Thorpe claimed that the firm was now offering what they believe to be some of the best support to mortgage brokers to allow them to benefit from second charge loans: “We offer compliance support, product training and marketing resources to all our Introducers free of charge,” he said.
“We have a number of email creatives that introducers can send to their databases, We will even send it for them! In addition to our standard creatives we have also provided a number of custom made campaigns upon request.”
In addition, Access 4 Finance has also revamped its commission policy to provide what Thorpe describes as a ‘commission match policy’.
He said: “Other packagers seem so convinced that their way is a fairer way of paying commission on completions. We reviewed all of our completions in July and in 10% of cases our introducers would have received more income if they had gone elsewhere.
“As a result we have reworked our commission policy to ensure that the introducer will receive the greatest of either a 50/50 split after costs, 50% of the broker fee or 4% of the net loan amount (up to 50,000).”